Related Forum Threads
- Useless 'Renewable Energy' Sources Last post on 8/26/10 at 8:01am in Renewable Energy
- Making Our Home Efficient is Turning into a Nightmare! Last post on 12/25/08 at 1:43pm in Home & Garden
- Conservation before Generation Last post on 9/5/10 at 6:18pm in Renewable Energy
- Kawasaki Developing 217 MPH Train Last post on 9/21/08 at 1:32pm in Transportation
- Who would have thought you could make ice with the sun Last post on 9/17/08 at 11:52am in Environmental News and Politics
How To Save Energy Around The House
Edited on 3/30/11
- Energy Audits For The HomeEdited on 5/17/08
- Hydrogen CarsEdited on 5/17/11
- How To Make Your Hvac More Efficient
Related Blog Posts
Cotton, Silver and Electricity can Kill Bacteria in Water
Published on 10/15/10 by Cleantechnica
Energy Efficiency, Clean Energy Get Priority in India’s $2.3 Trillion Energy Investment Plan
Published on 10/15/10 by Cleantechnica
Dark Silicon Could Lead to Bright Future for Solar Powered Smart Phones
Published on 9/4/10 by Cleantechnica
If Texas Leaves the U.S., Do We Get Our Light Bulbs Back?
Published on 7/29/10 by Cleantechnica
12 Ways to Green Your Swimming Pool (Without Actually Turning it Green)
Published on 7/23/10 by greenUPGRADER
Alphabetical Article List
How To Get Tax Credits For Energy EfficiencyPosted 12/01/07 • Last updated 03/30/11 • 402 views • 0 comments
- Assess if your home improvement project qualifies. Tax credits are available for projects like adding insulation, replacing windows, and adding some high efficiency heating and cooling equipment. For more specific information, see the EPAct Summary of Tax Credits for Homeowners from Energy Star.
- Between January 1, 2006 and December 31, 2007, the maximum amount of homeowner credit for all improvements is $500.
- If you are starting from scratch with new home construction, your project does not qualify for the tax credits for windows, doors, roofs, insulation, HVAC, or non-solar water heaters. Your project does qualify for tax credits for photovoltaics, solar water heating, and fuel cells.
- Check out the guidance provided by the Internal Revenue Service.
- For home improvement projects, you will need to fill out IRS Form 5695.
- Assess if your car purchase qualifies. Tax credits are available for certain hybrid gasoline-electric, diesel, battery-electric, alternative fuel, and fuel cell cars. The amount of the tax credit will vary depending on the vehicle technology, fuel economy, and weight compared to base year models.
- Credits are available for cars starting January 1, 2006.
- Energy Star says, "There is a 60,000 vehicle limit per manufacturer before a phase-out period begins. Consumers who buy from companies that already sell large numbers of qualifying vehicles will experience a relatively short “window of opportunity” for the credits."
- For hybrid vehicles purchased for personal use, fill out IRS Form 8910.
- For hybrid vehicles purchased for business use, fill out IRS Form 3800.
- For updated information, check the IRS Summary of the Credit for Qualified Vehicles.
- Assess if your solar water heating system is qualified. Tax credits are available for systems placed in service from January 1, 2006 to December 31, 2008.
- In order to qualify, at least half of the energy generated by the system must be generated by the sun.
- You may only claim spending on the solar water heating system property. You may not claim spending on the whole water heating system of your home.
- Your solar heated water must be used within the home.
- Your system must be certified by the Solar Rating and Certification Corporation (SRCC). For more information on certified systems, check out the SRCC certified systems listed on Green Home.
- Assess if your photovoltaic system is qualified. Tax credits are available for systems placed in service from January 1, 2006 to December 31, 2008.
- The system must provide electricity for your home and must meet certain fire and electrical code requirements.
- The tax credit amounts to 30% of the cost of the system, with a maximum of $2,000. This credit is separate from the $500 home improvement credit.
- Fill out IRS Form 5695.
- Assess if your fuel cell or microturbine system is qualified.
- Your fuel cell must have an efficiency of at least 30% and it must have a capacity of at least 0.5 kW.
- Tax credits are available for systems placed in service from January 1, 2006 to December 31, 2008.
- Credits amount to as much as 30% of the cost (up to $500 per 0.5 kW of capcity maximum). This credit is separate from the $500 home improvement credit.
- Fill out IRS Form 5695.
- There are a variety renewable energy and energy efficiency incentives offered by federal and state agencies, state utilities, and local organizations. Financial incentives include tax incentives, grants, loans, rebates, industry recruitment, bond programs, and production incentives.
- Check out the Database of State Incentives for Renewables and Efficiency (DSIRE). Click on your home state to see the list of state-specific incentives.
- For local rebates, try using the Energy Star Rebate Finder.
- Energy Audits For The Home
Currently, there are 118 Active Users (0 Members and 118 Guests)
- › Ban Plastic Water Bottles 12 hours, 27 minutes ago
- › The Tyler Group News Blog Reviews: China factory PMI | Imdb 13 hours, 40 minutes ago
- › Anger Management: How To Deal With Anger 20 hours, 9 minutes ago
- › Boiler-House Renovation at Unilever Saves 25% Energy with VLT Aqua... 20 hours, 18 minutes ago
- › Reducing Energy Cost Through Boiler Efficiency 20 hours, 44 minutes ago
- › Industrial Steam Boilers 21 hours, 12 minutes ago
- › My list of Fakers and Not Fakers 1 day, 4 hours ago
- › Reducing Energy Cost Through Boiler Efficiency 2 days, 18 hours ago
- › The Avanti Group News Articles: Pre-engineered CHP systems 3 days, 16 hours ago
- › Britain Needs EU to Save Its Greenery 4 days, 4 hours ago
- › Ed Phillips & Sons Co. Prairie Organic Vodka by CWeller
- › Coeconut 100% Organic Vegan Lip Balm by coeconut
- › Method bloq body lotion by cybergrannie
- › Frazer 3- Tier Clothes Drying Rack by Rubee53
- › Lochinvar Knight Mod/Con boiler by tito
- › Gilden Tree Foot Scrubber by smoore
- › Pegasus Cottage Collection 1.28 GPF Flapperless Toilet by Fredeliot
- › Nature's Path Organic Toaster Pastries by smoore
- › PowerGard by tboysworth
- › GE Daylight Energy Smart Spiral T3 by ginnercat
- › Fracking and Solar: Friends, Foes or the... by SolarReviews
- › Tesla Motors, Profitable, Goes on a Hiring Spree by GreenJobsGuru
- › Waste Recycling Facts by Erich Lawson
- › Contaminated Lands Become More Attractive for... by SolarReviews
- › Colored Solar Panels Address Concerns of... by SolarReviews
- › Maker of Revolutionary Ocean Wave Glider... by GreenJobsGuru
- › Report Anticipates 220 New Gigawatts of... by SolarReviews
- › Mosaic’s Latest Solar Project Sends... by SolarReviews
- › Google, Cisco are Coolest IT Companies, Says... by SolarReviews
- › Car or Motorcycle? A Stunning New Electric... by GreenJobsGuru