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Energy Efficient Home Improvement Credit

Making summer house improvements? You may qualify for a tax credit


Taxpayers can claim the Energy Efficient Home Improvement Credit only for improvements, additions or renovations to their residence . It doesn't apply to newly constructed homes or rental properties. Qualifying costs may include:

  • Exterior doors, windows, skylights and insulation materials.

  • Central air conditioners, water heaters, furnaces, boilers and heat pumps.

  • Biomass stoves and boilers.

  • Home energy audits.

The amount of the credit is:

  • 30%, up to a maximum of $1,200 annually.

  • Biomass stoves and boilers have a separate annual credit limit of $2,000 annually with no lifetime limit.

Richard Pon CPA, CFP