2011 Federal Tax Credits for Consumer Energy Efficiency
NOTE: Tax credits that were 30% up to $1,500 EXPIRED on December 31, 2010.
New tax credits were passed, but at lower levels. Summary of changes.
Please note, not all ENERGY STAR qualified products qualify for a tax credit.
ENERGY STAR distinguishes energy efficient products which, although they may cost more to purchase than standard models, will pay you back in lower energy bills within a reasonable amount of time, without a tax credit.
What You Need to Know
- What is included in the 2011 Federal Tax Credit?
- How do I apply for my Federal Tax Credit?
What is included in the Tax Credit?
Tax Credit:
10% of cost up to $500 or a specific amount from $50 - $300
Expires:
December 31, 2011
Details:
Must be an existing home & your principal residence. New construction and rentals do not qualify.
Biomass Stoves
Heating, Ventilating, Air Conditioning (HVAC)
Advanced Main Air Circulating Fan
An Advanced Main Air Circulating Fan is an efficient fan, or blower motor which blows the air that your furnace heats up through the duct system.
Tax Credit Amount: $50
Requirements
Must use no more than 2% of the furnace's total energy.
More Information
Air Source Heat Pumps
Heat pumps offer an energy-efficient alternative to furnaces and air conditioners in moderate climates. Like your refrigerator, heat pumps use electricity to move heat from a cool space into a warm, making the cool space cooler and the warm space warmer. During the heating season, heat pumps move heat from the cool outdoors into your warm house; during the cooling season, heat pumps move heat from your cool house into the warm outdoors. Because they move heat rather than generate heat, heat pumps can provide up to 4 times the amount of energy they consume.
Tax Credit Amount: $300
Requirements
Split Systems:
- HSPF ≥ 8.5
- EER ≥ 12.5
- SEER ≥ 15
Package systems:
- HSPF ≥ 8
- EER ≥ 12
- SEER ≥ 14
More Information
Central Air Conditioning (CAC)
The best way to find tax credit eligible CACs is to ask your HVAC Contractor (Heating Ventilation and Air Conditioning). To verify tax credit eligibility, ask your HVAC contractor to provide the Manufacturer Certification Statement for the equipment you plan to purchase. Or, search the Manufacturer's website.
Tax Credit Amount: $300
Requirements
Split Systems:
- SEER ≥ 16
- EER ≥ 13
Package systems:
- SEER ≥ 14
- EER ≥ 12
More Information
Gas, Propane, or Oil Hot Water Boiler
These are heating units that use water circulated throughout the home in a system of baseboard heating units, radiators, and/or in-floor radiant tubing.
Tax Credit Amount: $150
Requirements
- AFUE ≥ 95
Tax Credit includes installation costs.
More Information
Natural Gas, Propane or Oil Furnace
A furnace uses the combustion of fuel and air to create heat.
Tax Credit Amount: $150
Requirements
- AFUE ≥ 95
More Information
Insulation
Roofs (Metal & Asphalt)
Water Heaters (non-solar)
Windows & Doors
Tax Credit:
30% of cost with no upper limit
Expires:
December 31, 2016
Details:
Existing homes & new construction qualify. Both principal residences and second homes qualify. Rentals do not qualify.
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
Expires:
December 31, 2016
Details:
Existing homes & new construction qualify. Must be your principal residence. Rentals and second homes do not qualify.
Fuel Cells (Residential Fuel Cell and Microturbine System)
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