Did you know that you may be eligible for a tax credit for installing rain gutters and rain barrel?

For example, Arizona taxpayers who install a “water conservation system” (defined as a system to harvest residential greywater and/or rainwater) in their residence may take a one-time tax credit of 25% of the cost of the system (up to a maximum of $1,000).

Note that a misinterpretation of the tax credit used to only give the credit to greywater systems, but thanks to efforts by Rep. Steve Farley the tax credit will also apply to rainwater harvesting systems once the legislative session ends (by the end of June 2008). Once it takes effect, it will be retroactive to January 1, 2007. So, anyone who has purchased water harvesting systems from January 1, 2008 onward can apply for the AZ tax credits until the annual amount allotted to the credit has been filled.

For application forms and further information go to:
http://www.azdor.gov/

For information relevant to your area, click here.