Congress Just Did Something Your Residential Customers Will Want to Hear About

January 7th, 2015 by Casey Flores

In a rare display of bipartisanship, Congress pulled together to pass the “Tax Increase Prevention Act of 2014” (HR 5771), signed by the President December 19. While the bill includes many provisions, there is one in particular that residential film installers may want to know about.

According to section 25C of the bill, window film is eligible for tax credits recently extended by Congress and the tax incentive can cover up to 10 percent of the cost of the installation of window films to a maximum of $500. The one-year retroactive tax credit may allow taxpayers to claim the incentives on their 2014 returns filed in 2015.

“We are delighted that Congress recently passed HR 5771 that includes tax incentives for energy efficient home improvements, such as installing window film,” says Darrell Smith, executive director of the International Window Film Association.

As a long-term and cost-effective solution for saving energy, window film qualifies in the legislation as part of a building’s ‘insulation envelope.’ It can reduce energy consumption from solar heat gain in summer or reflect interior heat back inside in winter, while allowing in natural light without the negative impact of UV exposure. Consumers should check with their window film installer or manufacturer to determine if their product qualifies under the tax incentive program.

Read the full text of the bill here.

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