Federal Tax Credits for Consumer Energy Efficiency

 

The tax credits apply to the following categories of products only.

 

  • Geothermal Heat Pumps
  • Small Wind Turbines (Residential)
  • Solar Energy Systems

 

Tax Credit: 30% of cost with no upper limit

Expires: December 31, 2016

Details: Existing homes & new construction qualify. Both principal residences and second homes qualify. Rentals do not qualify.

 

  • Fuel Cells (Residential Fuel Cell and Micro Turbine Systems)

 

Tax Credit: Credit Details: 30% of the cost, up to $500 per .5 kW of power capacity

Expires: December 31, 2016

Details: Existing homes & new construction qualify. Must be your principal residence. Rentals and second homes do not qualify.

 

For more information and tax forms on this subject, visit the following sites:
Energy Star, Internal Revenue Service

 

Disclaimer:
This page on tax credit information is presented free of charge to provide general information on the new federal tax credit and is not intended to be an interpretation of eligibility for the tax credit. Please consult with a qualified tax advisor to discuss eligibility. Most of the information was gathered and summarized from the energy star website and other government websites.