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TOPIC: General Discussion

Energy Rebate

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Is the government's 2005 energy rebate still in effect for metal roofing?
Guest User

9/19/2008
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It unfortunately expired at the end of 2007. Efforts are being made to encourage its renewal but it is not yet a reality. Todd Miller
Todd Miller
Isaiah Industries, Inc.

9/20/2008
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The $700 billion bail out bill including some efficiency tax credits. Did it include renewal of the energy efficient metal roof tax credit?
Guest User

10/6/2008
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Yes. The wording is still being interpreted as to whether it applied to roofs purchased during all of 200 or just from now until December 31, 2008. Currently, though, it does not appear to be in effect for 2009 but, oddly enough, seems to come back in 2010. Todd Miller
Todd Miller
Isaiah Industries, Inc.

10/7/2008
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What are the terms of the rebate? Is it a set percentage of the installed price?
Guest User

10/7/2008
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The interpretation we have received is that the tax credit will be for roofs purchased and installed in 2009, not in 2008. The tax credit allows for 10% of the value of materials only for metal roofs with reflective pigment, up to $500. Todd Miller
Todd Miller
Isaiah Industries, Inc.

10/9/2008
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This is great news. I was hoping they would do this again. Its good to see homeowners saving money, while helping reduce energy usage. Maybe the bailout won't be a failure :)
Nate Libbey

10/17/2008
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It appears that you're right Todd. Check out: http://www.energystar.gov/index.cfm?c=products.pr_tax_credits (copy and paste into the browser) Check out the Roofing section. It looks nearly identical to the last tax incentives.
Nate Libbey

10/23/2008
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Yes. Todd Miller
Todd Miller
Isaiah Industries, Inc.

10/24/2008
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So if you install a new roof in 2008 you won't get the tax credit?
Guest User

12/6/2008
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Correct. Todd Miller
Todd Miller
Isaiah Industries, Inc.

12/7/2008
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