![]() ![]() energy efficient property specific credits: $50 for advanced main air circulating fan, $150 for each qualified natural gas, oil or propane furnace or hot water boiler, $300 for each energy efficient building property (includes specific heat pumps, central air conditioners, water heaters, and biomass fuel property)Įnergy Tax Credit #2: Section 25D: Solar, wind, geothermal, and fuel cell. ![]() The rest must meet Energy Star requirements: Windows, exterior doors (including storm doors), cool roofs, skylights,…etc. building envelope components (labor can’t be included): Insulation(must meet the criteria set in the 2009 International Energy Conservation Code).maximum is $500 total and no more than $200 of this energy tax credit can be for windows.you can only claim this credit if you haven’t claimed it in prior years.10% energy tax credit for the purchase of qualified energy efficiency improvements to existing homes.So if you haven’t made your improvements yet, you can skip this section. This is only good for improvements placed in service between Januand December 31, 2011. Energy Tax Credit #1: Section 25C: Qualified Energy Efficiency Improvements Check with your state for any energy tax credits or deductions they might have. Keep in mind, each item listed below is a federal energy tax credit. This might help you save a few bucks on last year’s taxes and help you plan for new improvements to your home this year. So, we thought we would give you a quick overview of some of the incentives available for home energy improvements. There are a couple of words we all like to hear from our accountant this time of year, “credit” and “refund“. ![]()
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