Tax Energy Efficiency Act of 2005?

Question

Regarding the Tax Energy Efficiency Act of 2005, where I can get a tax credit for installing efficnecy items in my home. I recently installed a new natural gas hot-water tank. I understand to get the tax credit the Energy Factor must be 0.80. I can't find anything on the Energy
Efficiency Label on the tank that has the Energy
efficiency number. How can I find this.

Also, the tank was covered under my home owners appliance insurance that I paid $350.00 for, and I also had to pay a $100.00 deductible. How much can I claim. I have searched the internet and I can't find answers to these questions.

Answer 1

U can't claim the energy tax credit due to the fact that u only paid a dedectible to have it installed instead of the whole amount and the hot water tank should be .80 all brand new tanks with the exception of some are required to at least .80 but the verdict about it is still being debated and if u paid the full price you'd only get a slight deduction anyway.U can find out more info by visiting the Department Of Energy website

Answer 2

I bought energy Star windows-- and I use that sticker for my tax refund along with the contract and bill.
good luck--
Thanks for the tip about the Dept of Energy-- the Gov is pretty well represented on the web.....
good luck