Are Impact Windows Tax Deductible?

Having impact windows in Florida is a great idea. This is especially true in South Florida, where we are constantly bombarded by intense heat and sun. And of course, we can’t forget to mention the risk posed by hurricanes every fall. For many, however, impact windows might seem like an expense they can’t afford. This couldn’t be further from the truth. Impact windows are eligible for a number of programs which make them more affordable now than ever before. But are impact windows tax deductible?

Thanks to the Bipartisan Budget Act passed in 2018, certain tax credits are available to those who make energy efficient upgrades to their homes or businesses.  These tax credits apply to a whole multitude of energy saving upgrades, including doors, windows, roofs, solar panels and much more. These tax credits must be claimed under IRS Form 5695, entitled “Residential Energy Credits”.

Hurricane Windows and Doors are Eligible for Tax Credits

Under the Bipartisan Budget Act, replacing windows, doors or skylights with energy efficient models is covered and thus available to be used as a tax credit. If a homeowner replaces their old windows, doors or skylights with ones that meet Energy Star standards of energy efficiency, they can claim 10 percent of the cost as a tax credit when filing. This is up to a cap of $200 per window or skylight and up to $500 per door. Homeowners do not need to replace every single door or window in their home in order to take advantage of these tax credits.

Hurricane windows and doors from ASP Windows are Energy Star rated and compliant, meaning they qualify for tax credits. Energy Star windows and doors are one of the best ways to reduce your energy costs. These can dramatically reduce your home’s energy consumption immediately while giving your house a much-needed facelift. Impact windows, especially here in Florida, are a great choice which can provide energy efficiency and safety your home needs come hurricane season.

Ygrene and Tax Credits Mean Impact Windows are More Affordable than Ever!

Being able to claim tax credits for the installation of hurricane windows and doors isn’t the only benefit from having ASP Windows install your new windows today. At ASP Windows, we are fully Ygrene certified, meaning you can get your new windows with no upfront cost. Ygrene is Florida’s leading Property Assessed Clean Energy Program financer.  PACE provides low-cost, long-term financing for a variety of energy efficiency, storm protection, and other home improvement projects. Ygrene offers 100 percent financing on eligible projects. Even better, repayments can be spread out over 30 years, meaning that now is the perfect time to get impact windows and doors installed before hurricane season begins.

At ASP Windows, we have an unrivaled selection of the highest-quality impact windows, doors and security glass to ensure your home is not only energy efficient but secure. We’re a local and family-owned company, so we know what it means to live in Florida during hurricane season.  If you’re looking to replace your old fashioned windows, give us a call anytime at (888) 782-8342 to get started.