Are there any tax credits or other monetary benefits to installing insulation or new windows?”
Beginning in the 2006 tax year, the Energy Policy Act lets you earn a tax credit of 10% — up to $500 — for money spent on energy improvements to your home, including adding insulation to your attic. Qualifying insulation purchases must be made between January 1, 2006, and December 31, 2007. The credit applies to income tax forms filed in 2007 or 2008.
