Federal Energy Tax Credits: General Information
Qualified taxpayers can take advantage of as much as $500 in new tax credits for certain energy-efficiency improvements.
What’s the difference between a tax credit and a deduction?
The improvements linked below also must have been both paid for and installed in 2006 and 2007. Many of the products must be manufactured in 2006.
View list of qualifying energy-efficient products.
The credit amount equals the sum of 10 percent of your expenditures for certain energy efficiency improvements to an existing home plus 100 percent of your expenditures for certain residential energy efficiency products. The $500 limit is a lifetime maximum, not an annual maximum.
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