A federal residential energy efficiency tax credit is set to expire at the end of the year .
If you are interested in additional savings on home energy improvements, you should act now in order to receive a residential energy efficiency tax credit from the federal government. The tax credit, which was amended and extended by the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, is set to expire December 31, 2011.
The tax credit has a cap of $500, and applies to energy efficiency improvements in the building envelope of existing homes, as well as for the purchase of high-efficiency heating, cooling, and water-heating equipment.
Click on the chart below from the Energy Star site to get further details: