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Tax Credits For Residential Energy Efficiency Extended

Written By: Warm Thoughts Communications on February 16, 2021

home energy benefitsHow about we share some good news?

Tax credits for residential energy efficiency have been extended retroactively, going back to December 31, 2019!

The tax credits for residential renewable energy products continue to be available through December 31, 2024, and beyond. Renewable energy tax credits for fuel cells, small wind turbines, and geothermal heat pumps now feature a gradual step down in the credit value, similarly to solar energy systems.

To learn more about current residential energy efficiency incentives, visit

Current Renewable Energy Tax Credits

Renewable energy tax credits for fuel cells, small wind turbines, and geothermal heat pumps are now available, courtesy of the Consolidated Appropriations Act of 2021. These tax credit allowances* include:

Equipment Requirements

The tax credits apply to existing homes and new construction. Both principal residences and second homes qualify; rentals do not. Tax credits include installation costs.

How To Apply For Tax Credits

Tax credits are administered by the IRS. You can claim the credit using the form below and submitting it with your tax return:

If you have other questions, please contact the IRS at or 1-800-829-1040.
In addition to federal tax credits, local rebates and offers may be available in your area. Check the ENERGY STAR Rebate Finder for more information in your area.

Want another way to save money this year? Switch your electric or natural gas plan to Discount Power! We make it easy for you to understand and manage your energy costs. And with our renewable energy options, we can also help you feel good about the energy you use every day. Enroll in one of our money-saving electricity plans online today, or contact us to learn more about our smart, affordable energy plans available for your home!

*Disclaimer: The tax credit information contained within this website is provided for informational purposes only and is not intended to substitute for expert advice from a professional tax/financial planner or the Internal Revenue Service (IRS).

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