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Federal Tax Credits for Energy Efficiency
April 14th, 2010
Tax credits that were previously effective for 2009 have been extended to 2010 as well.
- The tax credit has been raised from 10% to 30%.
- The maximum credit has been raised from $500 to $1500 for the two years (2009–2010). However, some improvements such as geothermal heat pumps, solar water heaters, and solar panels are not subject to the $1,500 maximum.
- The $200 cap on windows has been removed.
Tax Credits for Consumers
Tax credits are available at 30% of the cost, up to $1,500, in 2010 (for existing homes only) for:
Tax credits are available at 30% of the cost, with no upper limit through 2016 (for existing homes & new construction) for:
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