Energy Efficiency Tax Credits

Energy efficiency tax credits are for homeowners to improve their house with energy efficient appliances, windows, and other energy saving upgrades.

Most of the improvements must be placed in service January 1, 2009 through December 31, 2010. Here is a summary of the energy efficient upgrades and the tax credit available. For specifications of each, see the Federal Tax Credits for Energy Efficiency.

Federal Energy Efficiency Tax Credits

• Insulation. Tax Credit: 30% of cost, up to $1,500.
• Windows and Doors. Including exterior windows and skylights, storm windows, exterior doors, and storm doors. Tax Credit: 30% of cost, up to $1,500.
• Roofing. Including metal and asphalt roofs. Tax Credit: 30% of cost, up to $1,500.
• HVAC. Including central a/c, air source heat pumps, natural gas or propane furnaces, oil furnaces, hot water boilers, and air circulating fans. Tax Credit: 30% of cost, up to $1,500.
• Water Heaters. Tax Credit: 30% of cost, up to $1,500.
• Biomass Stove. Tax Credit: 30% of cost, up to $1,500.
• Geo-Thermal Heat Pump. Tax Credit: 30% of cost.
• Solar Energy Systems. Including solar water heaters and photovoltaic systems. Tax Credit: 30% of cost.
• Residential Small Wind Turbines. Tax Credit: 30% of cost.
• Residential Fuel Cells. Tax Credit: 30% of the cost, up to $500 per .5 kW of power capacity.

Source: Federal Tax Credits for Energy Efficiency

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