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Posts Tagged ‘Consumer energy efficiency tax credit’

Homeowners who own an existing home that is also their principal residence may qualify for a federal tax credit that would refund 30% of cost (up to $1500 on qualifying purchases) if they purchase an energy-efficient product or renewable energy system for their home.

New construction and rental homes do not qualify.

The tax credit applies to purchases of biomass stoves, HVAC, insulation, roofs, water heaters, windows and doors.

The tax credit expires December 31, 2010.   The credit can be claimed by submitting IRS Form 5695 with the tax return.

Details at www.EnergyStar.gov

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