federal tax credits for energy efficient products
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Federal Tax Credits For Energy Efficient Products. Not all ENERGY STAR products qualify for the 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.

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not all energy star products qualify for the tax credit
Not all ENERGY STAR products qualify for the 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.
  • ENERGY STAR distinguishes energy efficient products which, may cost more to purchase than standard models, will pay you back in lower energy bills within a reasonable amount of time (5 yrs or less), without a tax credit.
two types of tax credits
Two Types of Tax Credits
  • Energy Efficient Products
    • 30% up to $1,500
  • Renewable energy products (solar, wind)
    • 30% with no upper limit
30 up to 1 500 total
30% up to $1,500 total:
  • Windows and Doors
  • Insulation
  • Roofs (Metal and Asphalt)
  • HVAC
  • Water Heaters (non-solar)
  • Biomass Stoves

* in 2009 & 2010

* ONLY for existing homes, (NOT new construction) that are your principle residence

windows
Windows
  • Through May 31, 2009: all ENERGY STAR windows qualify. Must be purchased by May 31, 2009.
  • Beginning June 1, 2009: criteria is U-factor <= 0.3 and SHGC <= 0.3
heating and cooling equipment
Heating and Cooling Equipment
  • Central Air Conditioner
    • SEER >=16, EER >=13
  • Air Source Heat Pump
    • SEER >=15, EER >= 12.5, HSPF >= 8.5
  • Natural Gas or Propane Furnace
    • AFUE >= 95
1 500 total
$1,500 Total
  • $1,500 tax credit is a total combined credit for ALL tax years (2009 & 2010).
  • Basically you can spend up to $5,000 during this 2 year period on a single or multiple improvements, and get 30% (or $1,500) back as a tax credit.
  • If you get the entire $1,500 credit in 2009, then you can\'t get anything additional in 2010.
renewables

Renewables

30% with no upper limit

30 with no upper limit
30% with no upper limit:
  • Geothermal Heat Pumps
  • Solar Panels
  • Solar Water Heater
  • Small Wind Energy Systems
  • Fuel Cells (up to $500 per .5 kW of power)**

* through 2016

* for existing homes & new construction

* does not have to be your principle residence, vacation homes are eligible too

**no vacation homes for fuel cells

installation costs
ARE COVERED FOR:

HVAC (Heating, Ventilation and Air Conditioning) systems

Biomass Stoves

Water Heaters (including solar)

Solar Panels

Geothermal Heat Pumps

Wind Energy Systems

Fuel Cells

ARE NOT COVERED FOR:

Windows

Doors

Insulation

Roofs 

Installation costs 
slide12

More Information:

  • energystar.gov/taxcredits
  • FAQs on energystar.gov
home star retrofit rebate program
Home Star Retrofit Rebate Program
  • Legislation (pending / not passed by congress yet)
    • Intent to stimulate job growth by creating homeowner demand
    • incentives scaled to promote home performance
  • Silver Star
    • Homeowner incentives for prescriptive improvement
    • $1000 per measure; up to $3000 per household
  • Gold Star
    • Homeowner incentives for performance based improvements
    • $3000 for a 20% reduction in energy use; $1000 for each additional 5% reduction
    • Meets HPwES – existing program sponsors well positioned to be rebate aggregators
program structure
Program structure

Program Administrator (DOE)

5. Coordinate Inspection/Results

3. Rebate Paid (batch)

2. Rebate Submitted (batch)

QA Provider

Rebate Aggregator

4. Rebate Reimbursed

1. Rebate Submitted

Contractor

Inspectors

6. In the field Inspections on Performance &

Check for Program Requirements

Start: Work is performed & consumer pays contractor/provider less the rebate amount

Consumer

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