I spoke to an environmentally conscious Austin client who assumed that the energy-efficiency upgrade tax credits would expire the same day as the homebuyer tax credits, which is April 30, 2010. It made sense to me, but we looked into it just in case.
Actually the energy efficiency upgrade tax credits fall into two categories, depending on whether you're talking about a project like new windows or HVAC, or whether it's a larger project like solar paneling, etc.
USAToday.com has a concise primer on the remaining "green" tax credits, and luckily it looks like we can continue to capitalize on those throughout 2010.
Most folks want to know about the windows, and here's the gist.
"The non-business energy property tax credit. This tax break provides a credit of 30% of the cost of new insulation, energy-efficient windows and doors, furnaces, air conditioners, heat pumps, water heaters or boilers, up to a maximum of $1,500. To claim the full credit, you would need to spend at least $5,000 on qualified energy-efficient home improvements...."
Here's the full story on USAToday.com:
http://www.usatoday.com/money/perfi/columnist/block/2010-04-06-yourmoney06_ST_N.htm