Energy Tax Credits Available in 2012 for Existing Home Owners
Consumers who purchase and install specific products, such as energy-efficient windows, insulation, doors, roofs, and heating and cooling equipment in existing homes can receive a tax credit for 30% of the cost with no upper limit, for improvements "placed in service" starting January 1, 20012, through December 31, 2016. See EnergyStar.gov's Federal Tax Credits for Energy Efficiencyfor a complete summary of energy efficiency tax credits available to consumers.
RESIDENTIAL RENEWABLE ENERGY TAX CREDITS
Consumers who install solar energy systems (including solar water heating and solar electric systems), small wind systems, geothermal heat pumps and residential fuel cell and microturbine systems can receive a 30% tax credit for systems placed in service before December 31, 2016; the previous tax credit cap no longer applies.
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