Federal income tax credits for energy efficient equipment are back! Congress recently renewed them through the end of 2016, making them retroactive to also cover eligible products installed in 2015. Covered products include central air conditioners, heat pumps, furnaces and furnace fans, boilers, water heaters, windows, insulation and roofs. The amount of the credit ranges from $50 - $300, depending on the product, with an overall limit of $500. But only products installed in your primary residence count.
Ask the Expert
Have questions about how best to save energy in your home? Well, Ask the Expert! Here you can find the energy efficiency advice you need on ENERGY STAR certified products and home improvement projects by viewing articles, videos and more created by the experts at EPA’s ENERGY STAR program.