Latest tax bill leaves energy efficiency, remodelers out in the cold
It's not getting a lot of attention in the partisan bickering over the tax compromise in Washington last week, but remodelers hoping for an extension of the energy efficiency tax credits look to be the big losers. The credits (for windows, insulation, etc.) set to expire at the end of this year are being extended -- but at the much lower pre-2009 levels of 10 percent of project cost, capped at $500. Credits for window replacement are capped at $200.