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A radiant barrier installed in 2009 with the primary purpose of insulation may qualify for up to a $1,500 federal tax credit for 30 percent of the material costs (installation charges are not included). To apply you will need your purchase receipt and the Manufacturer's Certification Statement.
The real debate about radiant barriers, as with any insulation, is whether it warrants the cost. Everyone agrees it provides savings on air-conditioning. The Department of Energy says in general that radiant barriers can lower cooling costs between 5 to 10 percent when used in a warm, sunny climate..