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.

Please contact us for details and more information.

Solar Water Heaters

Solar water heaters come in a wide variety of designs, all including a collector and storage tank, and all using the sun's thermal energy to heat water. Solar water heaters are typically described according to the type of collector and the circulation system.

Requirements

At least half of the energy generated by the "qualifying property" must come from the sun. The system must be certified by the Solar Rating and Certification Corporation (SRCC) or a comparable entity endorsed by the government of the state in which the property is installed.

Photovoltaic systems must provide electricity for the residence, and must meet applicable fire and electrical code requirement.

Note: The credit is not available for expenses for swimming pools or hot tubs. The water must be used in the dwelling.

Tax Credit includes installation costs.

Solar Panels (Photovoltaic Systems)

Solar Panels or Photovoltaic Systems are solar cells that capture light energy from the sun and convert it directly into electricity.

Requirements

Photovoltaic systems must provide electricity for the residence, and must meet applicable fire and electrical code requirement.

Below are the Government Resources for this Program

For more information, please check out http://www.energystar.gov/

• How do I apply for the tax credit? What tax form do I need?
• The criteria for heat pumps in IRS Form 5695 does not match what is on energystar.gov.
  Which is correct?
• Are there new ENERGY STAR appliance rebates?
• Is the $1,500 tax credit for each product? Each year? Each person?
• Is there a tax credit for gas, oil, or propane water heaters?
• Which products are eligible for a tax credits?
• What tax credits and rebates are currently available?
• Is there a tax credit for central air conditioners?
• Is there a tax credit for water heaters?
• Is there a tax credit for furnaces and boilers?