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SUMMARY OF TAX CREDITS FOR HOMEOWNERS, Information supplied from www.energystar.gov

1Either the 2001 Supplement of the 2000 International Energy Conservation Code or the 2004 Supplement of the 2003 International Energy Conservation Code.

2Subject to a $1,500 maximum per homeowner for all improvements combined.

3A Manufacturer’s Certification is a signed statement from the manufacturer certifying that the product or component qualifies for the tax credit. The IRS encourages manufacturers to provide these Certifications on their website to facilitate identification of qualified products. Taxpayers must keep a copy of the certification statement for their records, but do not have to submit a copy with their tax return.

4Additional information on exterior window features may be viewed at Anatomy of an Energy Efficient Window. 5Biomass Fuel means any plant-derived fuel available on a renewable or recurring basis, including agricultural crops and trees, wood and wood waste and residues (including wood pellets), plants (including aquatic plants), grasses, residues, and fibers.  The IRS defines “placed in service” as when the property is ready and available for use. ALL INFO MUST BE  VERIFIED.  MHRI  NOT HELD LIABLE FOR ACCURACY. 

Text Box: 2009 Home Improvement Tax Credits
Text Box: President Obama's February 2009 economic stimulus package includes tax credits for 30% of the cost of energy efficient home improvements.  For example if you spend $4,500.00 changing a few windows and doors, you will receive a $1,350 tax refund.

Product Category

Product Type

Tax Credit Specification

Tax Credit

Notes

Windows & Doors

Exterior Windows and Skylights

U factor <= 0.30

SHGC <= 0.30

30% of cost, up to $1,5002

Not all ENERGY STAR labeled windows and skylights qualify for tax credit.

More information

Storm Windows

Meets IECC1 in combination with the exterior window over which it is installed, for the applicable climate zone

30% of cost, up to $1,5002

 

Manufacturer Certification Statement3 will list classes of exterior window (single pane, clear glass, double pane, low-E coating, etc.)4 that a product may be combined with to be eligible in specific climate zones.

Exterior Doors

U factor <= 0.30

SHGC <= 0.30

30% of cost, up to $1,5002

Not all ENERGY STAR doors will qualify.

More information

Storm Doors

In combination with a wood door assigned a default U-factor by the IECC1, and does not exceed the default U-factor requirement assigned to such combination by the IECC

30% of cost, up to $1,5002

 

Roofing

Metal Roofs,
Asphalt Roofs

ENERGY STAR qualified

30% of cost, up to $1,5002

 

All ENERGY STAR metal and asphalt roofs qualify for the tax credit.

Must be expected to last 5 years OR have a 2 year warranty.

Insulation

Insulation

Meets 2009 IECC & Amendments

30% of cost, up to $1,5002

 

For insulation to qualify, its primary purpose must be to insulate (example: insulated siding does not qualify).

Must be expected to last 5 years OR have a 2 year warranty

HVAC

Central A/C

Split Systems:
EER >=13
SEER >= 16

Package systems:
EER >= 12
SEER >= 14

30% of cost, up to $1,5002

 

For a list of qualified products, go to the Consortium for Energy Efficiency product directory , click on Air Conditioners, then in the “CEE Tier” enter “Residential Advanced Tier 3” for CAC Split Systems, and "Residential Tier 2" for CAC Package Systems and ASHPs.

Note — not all ENERGY STAR products will qualify for the tax credit. View ENERGY STAR criteria.

Air Source Heat Pumps

Split Systems:
HSPF >= 8.5
EER >= 12.5
SEER >= 15

Package systems:
HSPF >= 8
EER >= 12
SEER >= 14

30% of cost, up to $1,5002

Natural Gas or Propane Furnace

 

AFUE >= 95

30% of cost, up to $1,5002

 

For a list of qualifying products go to the Gas Appliance Manufacturing Association

Not all ENERGY STAR products will qualify for the tax credit. View ENERGY STAR criteria for furnaces, boilers.

Oil Furnace

 

AFUE >= 90

30% of cost, up to $1,5002

Gas, Propane, or Oil Hot Water Boiler

 

AFUE >= 90

30% of cost, up to $1,5002

Advanced Main Air Circulating Fan

No more than 2% of furnace total energy use. Read this FAQ if the fan qualifies, but the furnace does not.

30% of cost, up to $1,5002

 

Water Heaters

Gas, Oil, Propane Water Heater

Energy Factor >= 0.82
or a thermal efficiency of at least 90%.

30% of cost, up to $1,5002

All ENERGY STAR gas tank less water heaters will qualify.

There are currently no ENERGY STAR qualified gas storage tank or gas condensing water heaters that qualify.

View ENERGY STAR criteria for water heaters.

For a partial list of qualifying products go to the Air Conditioning, Heating, and refrigeration Institute (AHRI)

Electric Heat Pump Water Heater

Same criteria as ENERGY STAR: Energy Factor >= 2.0

30% of cost, up to $1,5002

 

All ENERGY STAR electric heat pump water heaters qualify for the tax credit.

Biomass Stove

Biomass Stove

 

Stove which burns biomass fuel5 to heat a home or heat water.

Thermal efficiency rating of at least 75% as measured using a lower heating value.

30% of cost, up to $1,5002

 

Geo-Thermal Heat Pump

Geo-Thermal Heat Pump

 

Same criteria as ENERGY STAR:

Closed Loop:
EER >= 14.1
COP >= 3.3

Open Loop:
EER >= 16.2
COP >= 3.6

Direct Expansion:
EER >= 15
COP >= 3.5

30% of the cost

 

All ENERGY STAR geo-thermal heat pumps qualify for the tax credit.

Use IRS Form 5695

Must be “placed into service” before December 31, 2016.

Solar Energy Systems

Solar Water Heating

At least half of the energy generated by the “qualifying property” must come from the sun. Homeowners may only claim spending on the solar water heating system property, not the entire water heating system of the household.

The credit is not available for expenses for swimming pools or hot tubs.

The water must be used in the dwelling.

The system must be certified by the Solar Rating and Certification Corporation (SRCC).

30% of cost

All ENERGY STAR solar water heaters qualify for the tax credit.

Use IRS Form 5695

Must be placed in service before December 31, 2016.

Photovoltaic Systems

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

30% of cost

 

Use IRS Form 5695

Must be placed in service before December 31, 2016.

Small Wind Energy Systems

Residential Small Wind Energy Systems

 

30% of cost

Use IRS Form 5695

Must be placed in service before December 31, 2016.