Homeowners who have made energy efficient improvements to their existing homes in 2009, or who plan to do so in 2010, will want to watch this video, which details how you can reap the benefits when you file your 2009 tax return. Improvements such as adding insulation, energy efficient exterior windows and energy-efficient heating and air conditioning systems could qualify you for a $1,500 tax credit.
A similar credit was available for 2007, but was not available in 2008. Homeowners should be aware that the standards in the new law are higher than the standards for the credit that was available in 2007 for products that qualify as “energy efficient” for purposes of this tax credit.[youtube=http://www.youtube.com/watch?v=SJVErIO3jcA&showsearch=1]