An indoor home renovation with skylights can improve your happiness and life all while increasing your home’s value. For instance, natural light is a big selling point for homeowners and new homebuyers. Adding Energy Star-qualified, no-leak skylights can increase your home’s efficiency and appeal to potential new buyers. As an added benefit, natural light does wonders for your mood and your wallet by driving down your energy bill.
If you’re looking to let in some fresh air, solar powered fresh-air skylights improve indoor air quality and air flow. They are battery operated, charged by solar power, to automatically open and close the skylights. They have a built-in rain sensor which shuts the skylights automatically when rain is detected. Add solar-powered blinds and you’ll see a 45% boost in your home’s energy performance rating.
Here’s another perk: On October 3, 2008, President George W. Bush signed into law the Emergency Stabilization Act followed by President Barack Obama signing into law the American Recovery and Reinvestment Act of 2009 (ARRA) on February 17, 2009. Under this signed Act, “solar electric property” expenditures are eligible for a tax credit through the year 2021.
If you get solar powered skylights installed, you should:
- Keep your receipts for total price paid (product and installation).
- Fill out IRS tax form 5695 and submit it with your taxes.
- Enter the tax credit on form 5695 on your 1040 form.
According to HomeAdvisor, the average homeowner pays around $1,500 to install solar skylights, with most people spending between $900 and $2,000.
Home Renovation in Atlanta
If you are renovating your home and are interested in the many benefits of
At Atlanta Skylight, we provide expert and trained skylight repair and skylight installation for homeowners and business owners throughout metro Atlanta, GA. Call us today for all of your skylight needs.
