Federal Tax Credits for Consumer Energy Efficiency
Not all ENERGY STAR certified products qualify for a tax credit. ENERGY STAR distinguishes energy efficient products which may cost more to purchase than standard models, but will pay you back in lower energy bills within a reasonable amount of time, even without a tax credit. How do I apply for a Federal Tax Credit?
The following products are eligible for federal tax credits for the 2014-2016 tax years.
Tax Credit: 30% or cost with no upper limit |
Geothermal Heat Pumps |
Small Wind Turbines (Residential) |
Solar Energy Systems |
Tax Credit: Credit Details: 30% of the cost, up to $500 per .5 KW of power capacity. |
Fuel Cells (Residential Fuel Cell and Microturbine System) |