Yes, depending on the brand, TPO roofing qualifies for a federal energy efficiency tax credit equal to 30 percent of the cost of the roofing materials up to $1,500. The TPO material must be ENERGY STAR rated. Also, it will need to be installed by the end of 2010 so you can claim the credit on your 2010 tax returns. The tax credit covers a variety of , but to be sure that yours will qualify, consult a professional roofer.

If you don’t use the entire credit for your roofing project, you can get the remainder of the energy credit for other energy efficiency improvements such as adding insulation to your attic or replacing outdated windows. All work must be done on your primary U.S. home.