Andersen®, the most trusted name in windows and doors, and Renewal by Andersen® today announced details on how American homeowners can take advantage of the Economic Stimulus plan signed into law last week by using the new 2009/2010 federal tax credit to replace their leaky or worn-out windows and doors.
As part of the American Recovery and Reinvestment act of 2009, the legislation allows for significant federal tax credits for “qualified energy efficient improvements,” which includes windows, doors and skylights.
Consumers may be eligible for a federal income tax credit of up to $1,500 when they purchase qualified Andersen and Renewal by Andersen windows used for remodeling, replacement or home improvement. In addition, those windows can help a family reduce energy bills by up to 25* percent in the summer and 10 percent in the winter.
“Andersen Corporation is proud to offer homeowners an extensive selection of windows and patio doors with glass packages that meet or exceed the criteria put forward in the American Recovery and Reinvestment Act of 2009,” said J Glasnapp, vice president of Corporate Sustainability and Quality at Andersen Corporation. “In fact, our High-Performance™ Low-E4® SmartSun™ glass is up to 47% more energy efficient in winter and up to 70% more energy efficient in summer as compared to ordinary dual pane glass.**”
To qualify for the tax credit, homeowners just need to follow a few easy steps:
1. Purchase qualifying Andersen or Renewal by Andersen windows.
Windows must have a U-Factor of 0.30 and lower and a Solar Heat Gain Coefficient (SHGC) of 0.30 or lower. Homeowners can determine which products meet the U-factor and SHGC criteria by viewing the list of Andersen’s qualifying products on www.andersenwindows.com and Renewal by Andersen’s list of qualifying products on www.renewalbyandersen.com.
2. Save the sales receipts and each product’s performance label
Save this information with tax documents; qualifying products must be purchased and installed between Jan. 1, 2009 and Dec. 31, 2010.
3. Claim the credit on 2009 and/or 2010 tax filings.
The new tax credits are for 30% of the cost of the eligible product up to a a maximum limit of $1,500 combined for tax years 2009 and 2010 (including other eligible products). The credit is for the product only, and does not include installation.
Andersen Corporation is the largest window and door manufacturer in North America, and the Andersen brand is the most recognized and most used brand in the window and patio door industry. The privately owned company was founded in 1903 and has a strong history of commitment to its business partners, employees, community and environmental stewardship. Andersen employs nearly 11,000 people and markets products throughout North America and in South America, Europe, Asia and the Middle East.
Andersen® windows and patio doors help increase your home’s comfort and energy efficiency. Better yet, if you buy them now, you may qualify for a credit of 30% of the product cost up to $1,500 on your federal income tax*. Visit us at www.andersenwindows.com.
About Renewal by Andersen
Renewal by Andersen is the start-to-finish replacement window subsidiary of Andersen Corporation. The company offers a replacement process that includes in-home consultation, manufacturing and installation through one of the largest nationwide networks of window replacement specialists spanning coast to coast. For a complimentary in-home consultation or to view more information about Renewal by Andersen visit www.renewalbyandersen.com.
*A study of identical homes comparing Low-E to ordinary dual pane glass showed 25% in savings on cooling bills. 10% on heating bills. Savings may vary geographically.
**Values are based on comparison to U-Factors and SHGCs for clear glass non-metal frame default values from the 2006 International Energy Conservation Code (IECC).
“Renewal by Andersen” is a registered trademark of Andersen Corporation.
© 2009 Andersen Corporation. All rights reserved.