Archive for State, Federal, and Utility Rebates
IRS Tax Credits
Posted by: | CommentsThere are a number of federal tax credits for consumer energy efficiency. If you purchase an energy-efficient product or renewable energy system for your home, you may be eligible for a federal tax credit. Below you will find an overview of the federal tax credits for energy efficiency. For complete information, visit the EnergyStar Federal Tax Credits web page.
Tax Credits Available Through December 31, 2011
Tax credits are available at 10% of the cost, up to $500, in 2011 (for existing homes only, principal residences) for:
- Windows and doors
- Insulation
- HVAC (Heating, Ventilation & Air Conditioning)
- Water Heaters (non-solar)
- Biomass Stoves
- Roofs (Metal & Asphalt)
Tax Credits Available Through 2016
Tax credits are available at 30% of the cost, with no upper limit through 2016 (for existing homes, new construction, principal and secondary residences) for:
- Geothermal Heat Pumps
- Solar Panels
- Solar Water Heaters
- Small Wind Energy Systems
Residential Fuel Cell and Microturbine Systems
Tax credits are available at 30% of the cost, up to $500 per .5 kW of power capacity for existing homes and new construction. for residential fuel cell and microturbine systems. Homes must be your principal residence.
For complete information, visit the EnergyStar Federal Tax Credits web page.
