[Greenbuilding] EPACT 2005 Tax Credits

[Lawrence Lile]

Has anyone attempted to obtain the documentation necessary to get these tax credits?  So far, I am getting a lot of blank stares when I try to get small suppliers to provide documentation. One supplier flatly told me that the government never gives any tax credits for energy conservation. I am attempting to go back to the manufacturer, having given up on the supply house. 

It's worth $500 to you if you installed insulation, metal roofs, good windows, and several other items in 2006, or plan to in 2007.  



http://www.irs.gov/pub/irs-drop/n-06-26.pdf



.02 Manufacturer's Certification.
(1) Requirements Applicable to Manufacturer. The manufacturer of a
building envelope component may certify to a taxpayer that the component is an Eligible
Building Envelope Component by providing the taxpayer with a certification statement
that satisfies the requirements of section 4.02(4) of this notice. The certification
statement may be provided by including a written copy of the statement with the
packaging of the component, in printable form on the manufacturer's website, or in any
other manner that will permit the taxpayer to retain the certification statement for tax
recordkeeping purposes.
(2) Taxpayer Reliance. Except as provided in section 4.02(3) and (6) of
this notice, a taxpayer may rely on a manufacturer's certification that a building envelope
component is an Eligible Building Envelope Component. A taxpayer is not required to
attach the certification statement to the return on which the credit is claimed. However,
§ 1.6001-1(a) of the Income Tax Regulations requires that taxpayers maintain such books
and records as are sufficient to establish the entitlement to, and amount of, any credit
claimed by the taxpayer.

 
 
Lawrence Lile, P.E., LEED AP
Senior Electrical Engineer
Project Solutions Engineering