2 of 6
BACKNEXT
A break for energy savers
A break for energy savers
For a while, it literally paid to install energy-efficient heating and cooling equipment in your home.

As part of the 2009 government stimulus package to boost the economy, Congress expanded the non-business energy property credit, where purchases of certain energy-efficient home improvements made during 2009 and 2010 would be eligible for a credit of 30% or up to $1,500. The tax break was especially loved by home improvement stores like Lowes and Home Depot.

Starting this year, however, this break will be scaled back to pre-stimulus levels, where 10% of everything from energy-saving insulation, roofing and the like can be deducted, or a maximum of $500.



NEXT: A break for homeowners
Last updated March 10 2011: 12:45 PM ET
When Congress approved sweeping tax cuts last year in hopes of giving the economy an extra boost, it might not have anticipated how much oil and food prices would weigh on consumers. More
Houses look more affordable than ever. But prices will have to fall further before many Americans can actually afford to buy one. More
New York Democrat Andrew Cuomo and New Jersey Republican Chris Christie are both facing huge deficits and coming to the same conclusions. More
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.