Federal Tax Credits for Energy Efficiency
Frequent Questions about Tax Credits
Where can I find tax forms for energy efficiency?
The IRS will publish forms and guidance that you will need for claiming this credit on your taxes. As soon as these forms are available, we will link to them here.
See all Tax Credits FAQs
The Energy Policy Act of 2005 includes:
- Tax Credits for Consumers
- Tax Credits for Home Builders
- Tax Credits for Appliance Manufacturers
- Tax Deductions for Commercial Buildings
- For More Information
A tax credit can provide significant savings. It reduces the amount of income tax you have to pay. Unlike a deduction, which reduces the amount of income subject to tax, a tax credit directly reduces the tax itself. The final rules and forms to clarify which products and services qualify for the tax credits will be developed by The Internal Revenue Service (IRS). You must refer to the final IRS rules to determine what qualifies for the tax credit. We will link to this information as soon as it is available.
Please note, not all ENERGY STAR qualified homes and products qualify for a tax credit. These tax credits are available for a number of products at the highest efficiency levels, which typically cost much more than standard products. If, for whatever reason, you decide not to purchase a product covered by the tax credit, you may still consider purchasing an ENERGY STAR product. 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.
