According to the Fredonia Group Inc. in a new study the demand for windows and doors in the United States is expected to rise by 6.6 percent per year to 31.2 billion by 2014. This increase represents a rebound from the past five years when demand fell by over 4 percent annually as a result of housing and financial crises.
The compromise in tax legislation that was released last week includes a reduced tax credit for windows, doors and skylights, including a 10% tax credit up to $200.00 for energy efficient windows and $500.00 for energy efficient doors. This is a reduction from the $1,500 that was available under the 25C tax credits conceived in the 2009 American Recovery and Reinvestment Act.
Consumers have until the end of this year to take advantage of the $1,500.00 credit under 25C.