Residential Energy Tax Credits
If you have made energy saving improvements to your home in 2016, you may be able to take residential energy credits to reduce your income tax due.
The Residential Energy Efficient Property Tax Credit
You may be able to take a tax credit equal to 30 percent of the amount paid for residential energy efficient property during 2016.
Residential energy efficient property includes:
Qualified solar electric property
Solar water heating property
Small wind energy property
Geothermal heat pump property
Fuel cell property (limited to $500 for each one-half kilowatt of capacity of the property)