Industry News

Energy Efficiency Tax Credit Extended

Recently, Congress extended the Energy Efficiency Tax Incentives for metal roofs installed in 2012 or completed in 2013. The tax credit covers 10% of the cost of materials installed, up to a maximum of $500 per home.

For homeowners to receive the tax credit, they must take the following steps:

  1. Confirm that the metal roof they selected is a prepainted or coated Energy Star-labeled metal roof with pigmented coating/paint film specifically designed to reduce heat gain, and obtain certification from your contractor or the manufacturer.
  2. Have the metal roof installed on their principal residence between January 1, 2012 and December 31, 2013, which meet ENERGYSTAR® guidelines. For further information on the requirements for tax credit eligibility, homeowners can go here and/or consult with their tax advisor.
  3. Fill out IRS Form 5695 Residential Energy Credits when filing their taxes for 2012 and/or 2013.
  4. For further information, or if you have any questions, feel free to contact the MRA at support@metalroofing.com or 410-534-6900.