By David Cohen, Building Performance Specialist
Get 30% Back on Velux Skylights with Solar Powered Shades
As a homeowner, you are probably always looking for ways to improve your home’s energy efficiency and reduce your carbon footprint. One great way to achieve this is by investing in solar-related products, such as the Velux skylight with solar-powered shades. Not only can these products help you save money on your energy bills, but they are also eligible for the Federal Solar Investment Tax Credit (ITC), which can reduce your tax liability.
VELUX Solar Powered Shades are an eco-friendly and cost-effective solution for homeowners who want to take advantage of the ITC while improving their home’s energy efficiency. These shades use solar power to operate, allowing you to control the amount of natural light and heat that enters your home. Plus, they come in a variety of colors and styles to match any decor.
Under the ITC, homeowners can claim a tax credit equal to 30% of the total cost of the skylights, including installation, when purchased and installed before December 31, 2034. However, it’s important to note that the credit will gradually decrease over time and will expire after 2023 for residential properties. For commercial properties, the tax credit will remain at 10% beyond 2023.
To ensure that you receive the full benefits of the ITC, it’s essential to work with a qualified installer, such as Green Collar Roofing & Exteriors. Our team has the knowledge and experience necessary to ensure that your VELUX Solar Powered Shades are installed correctly and are eligible for the tax credit.
In addition to the ITC, there are other incentives available in New York State to encourage energy-efficient home improvements. These incentives include programs offered by the New York State Energy Research and Development Authority (NYSERDA), property tax incentives, energy-efficient mortgages (EEMs), and rebates from utilities.
If you’re considering installing or replacing your skylights, we strongly recommend taking advantage of the incentives for VELUX Solar Powered Shades or any other solar-related upgrades for your home. Keep in mind that it’s important to consult with a tax professional or a qualified installer to determine the eligibility of specific products and to get more specific details about the requirements for claiming the tax credit.
At Green Collar Roofing & Exteriors, we’re committed to providing homeowners with top-quality and sustainable roofing solutions. Our team has the expertise and experience necessary to ensure that your VELUX Solar Powered Shades are installed correctly and are eligible for the tax credit. Upgrade your home’s energy efficiency and reduce your carbon footprint by investing in VELUX Solar Powered Shades and taking advantage of the tax credit today. Call 845-344-2029, or visit our showroom at 259 Dunning Rd, Middletown, NY 10940, to get started.