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Topic : energy-efficiency-tax-credits


Quick guide: Energy Efficiency Tax Credits

June 18th, 2009

Federal income tax credits for specific home improvements are available now through 2010 as part of the American Recovery and Reinvestment Act of 2009 (ARRA), which extended energy efficiency tax credits available in 2006 and 2007 but not 2008.

U.S. homeowners can enjoy the “triple crown” of energy efficiency — lower home energy bills, lower federal income taxes, and increased home comfort — by making energy efficiency home improvements that qualify for up to $1,500 in federal income tax credits.

“The ARRA tax credits are very similar to those that were in effect a few years ago and renewed for 2009 only in the Troubled Asset Relief Program last fall,” Steve Nadel, executive director of the American Council for an Energy-Efficient Economy (ACEEE), said in a stateme

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