Do You Qualify for a VELUX Skylight Tax Credit?

Do You Qualify for a VELUX Skylight Tax Credit?

A tax rebate on energy efficient products is one way to help out your wallet as well as the environment. Even though tax season just passed, it is now time to start thinking about rebates concerning skylights, as late Spring and Summer are the times that they’re typically installed. You’ll be happy to know that there are federal tax credits that apply to VELUX solar powered skylights and blinds.

VELUX SkylightTwo laws apply to certain VELUX skylight products that are purchased and installed between January 1st, 2009 and December 31st, 2016. Combined, they can give the purchaser a 30% federal tax credit on both the purchase and installation of solar powered skylights and blinds, which are considered solar electric property. The property owner will have to fill out two forms to get the rebate: a manufacturers certification statement and IRS tax form 5695.

This rebate is a great incentive for those considering the purchase of one or more solar powered skylights. A VELUX skylight powered by the sun allows for light and fresh air to enter the home without drawing on the home’s energy supply. They are well insulated and help protect from the elements.

The addition of eco-conscious VELUX solar powered skylight blinds give the added benefit of controlling the amount of light that enters the room. These blinds come in light filtering and blackout models; your choice depends on how you use the space where they’re applied. Most blinds and skylights will come standard with a remote.

For those happy with their VELUX skylights and blinds, this can be used to replace fixed skylights, manual venting skylights, and electric or manual skylight blinds. Some restrictions will apply, of course. You can read more about eligibility and applying for this tax credit on the VELUX site. Then, browse the selection of VELUX skylights and sun tunnels available on the Westside Wholesale website to see how much you can save.