Does your home’s plumbing system need updating? Have you thought about using your income tax return to help pay for it? If so, then federal legislation authorized in December may offer even more financial incentive to spend the money to address your home’s plumbing issues.
The Residential Energy Efficiency Tax Credit, in effect retroactively from January 1, 2015 through December 31, 2016, offers tax credits for eligible efficiency improvements and equipment installed in 2015 or 2016. This news comes just in time for tax return season, when many homeowners use their refunds to finance improvements in their home’s heating, cooling and plumbing systems.
According to information at http://www.energystar.gov/taxcredits, some qualification requirements and other details of the tax credit include:
This tax credit can help you take the pre-emptive approach and make repairs to your home’s plumbing system when your want to instead of when you need to. This will pay off in a couple of ways: it helps avoid costly repairs which may just be a band-aid fix; and two, a new system is more efficient and saves money on utility bills.
June 7, 2016
School’s out for the summer, and you need to make sure your home is ready. For starters, your kids are on summer break from school and are home more often. Of course, when they are home more, they use more water and this can result in your home’s plumbing system taking a beating with Read more »
June 6, 2016
Blocked drains are caused by solidified organic waste, including hair, fats, grease, dirt and other particles. The end result is a slow or stopped up drain that can lead to an unsightly overflowing drain. Historically, these drain blockages have been tackled by pouring toxic shelf products, which contain chemicals that are harmful to humans Read more »
May 23, 2016
It’s a nightmare for every homeowner: walking into a room and stepping on to waterlogged carpet or into a puddle of water. This scenario occurs whenever a water pipe in a home bursts. This can happen due to many reasons, including the afore-mentioned water pressure increase we are experiencing in the Columbia area or from Read more »
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