9.7. Federal Tax Credits for Energy Efficiency
(Source: ENERGY STAR—U.S. Environmental Protection Agency—U.S. Department of Energy).
Tax Credits for Consumers: There are many tax credits and incentives available for energy efficiency. For example, one is 10% of cost up to $500 or a specific amount from $50–$300. This expires on December 31, 2016. It must be for an existing home and your principal residence. New construction and rentals do not qualify. This is applicable for:
• Windows, Doors, and Skylights
• Roofs (Metal and Asphalt)
• Water Heaters (nonsolar)
Tax credits are available at 30% of the cost, with no upper limit through 2016 (for existing homes and new construction). Second homes ...