Under the Consolidated Appropriations Act of 2021, the renewable energy tax credits for fuel cells, small wind turbines, and geothermal heat pumps now feature a gradual step down in the credit value, the same as those for solar energy systems.
30% for systems placed in service by 12/31/2019
26% for systems placed in service after 12/31/2019 and before 01/01/2023
22% for systems placed in service after 12/31/2022 and before 01/01/2024
Expires: December 31, 2023
Details: Existing homes and new construction qualify. Both principal residences and second homes qualify. Rentals do not qualify.
Must have a nameplate capacity of no more than 100 kilowatts.