There is a tax credit available to homeowners who have walls insulated. The credits were continued last year in a budget deal to cover tax year 2014 and the amount is 10% of the cost of materials up to $500. Only the material costs count, not the labor. There are other credits for residential solar electric, solar hot water, geothermal heat pumps, a small wind energy system, and fuel cells, but I can’t find anything more for improving the homes building envelope. You can find out the details by downloading the proper form, IRS Form 5695, and instructions here.

You can only accumulate $500 worth of credits from 2005 through 2014. I have to dig into my records to find out how much of a credit we got in 2007 for adding insulation to our attic and subtract that from the maximum $500 credit. I am waiting for an itemized breakdown of our Energy Upgrade California retrofit work, including the cost of the cellulose insulation blown into our walls.

I’m afraid after all this there won’t be much of a credit.

I’m wondering though if any of you Home Energy Pros members and readers are trying for this credit themselves or are helping their clients get credit for energy upgrades. It was hard to find the right information and it seems like this is a tax credit that has been hidden from public view. Or it’s just too cumbersome and doesn’t offer much.

Anybody out there have any experience with the 2014 Residential Energy Credits?

Views: 96

Reply to This

Replies to This Discussion

Well if I had to guess your credit will be 0 as it used to be up to $1500 & wasn't as hard to get back then - http://thehtrc.com/2009/october-national-energy-awareness-month which quite a lot of people took - new windows, HVAC, etc...

I know many have still talked it up (mainly window guys) but that stopped when it did expire (the first or was that second time?). It is always worth mentioning as a possibility, but if you do that, make sure you break down your billing to show the information they need.

RSS

Latest Activity

Leslie Jackson posted a discussion

DIY Filter Solution for an Evaporative Cooler, anyone?

If your general "info@" e-mail inbox is like mine, it is 95% SPAM but once in a while, as long as…See More
3 hours ago
Franco Oyuela commented on Silvie Votrubova's blog post Duct Testing Accuracy
"The ducts that are part of central heating and cooling systems offer one of the best opportunities…"
6 hours ago
DEREK KENNA joined Kim Tanner's group
Thumbnail

TEC

Discussion group for The Energy ConservatoryHave a question about residential or big building air…See More
7 hours ago
Don Fugler replied to Linda Wigington's discussion Good Eating with Reduced Cooking Emissions in the group Kitchen Ventilation
"I found that I was less likely to prompt a large spike when I started the pan on medium heat rather…"
8 hours ago
Profile IconMike, DEREK KENNA, Matt Peterson and 1 more joined Home Energy Pros Forum
13 hours ago
Jim Gunshinan's blog post was featured

Our First Year with Solar Panels, by Chris Stratton

A local solar company putting supports for PV panels on our roof. No that's not a tiny man on the…See More
yesterday
Alfie Davis posted a photo

Quadtrant A1 Cleaning Checklist

Quadtrant A1 offers high-quality office cleaning and maintenance services for commercial and office…
yesterday
John White posted photos
yesterday
Jim Gunshinan liked Home Performance Coalition's blog post New Consortium for Energy Efficiency Report – High Stakes for Energy Efficiency
Monday
Jim Gunshinan posted a blog post

Our First Year with Solar Panels, by Chris Stratton

A local solar company putting supports for PV panels on our roof. No that's not a tiny man on the…See More
Monday
Jim Gunshinan liked Don Fugler's group Kitchen Ventilation
Monday
Franco Oyuela commented on John White's blog post Top 5 Ways to Conserve Energy and Save on Your Air Conditioner Bill
"Summertime, and your air conditioning unit at home will be asked to work super hard in this peak…"
Monday
Diane Chojnowski's video was featured

The Business of Deep Energy Retrofits

Paul Eldrenkamp has more than 30 years experience in construction and specializes in energy efficiency. In this interview Paul discusses ways to standardize deep energy retrofits. He offers tips for executing projects and managing homeowner…
Monday
Diane Chojnowski posted a video

The Business of Deep Energy Retrofits

Paul Eldrenkamp has more than 30 years experience in construction and specializes in energy efficiency. In this interview Paul discusses ways to standardize ...
Monday
Julie Rosati is now a member of Home Energy Pros Forum
Monday
Daniel Baur-McGuire replied to Jerry Needham's discussion Condensation on ceiling and walls of master bedroom
"Sounds like u opened the hornets nest! I would say a 2600 sq ft home shouldn't need more than…"
Monday
Terry Hill posted an event

Passive House Institute US 2018 Conference at Boston

September 19, 2018 at 6pm to September 23, 2018 at 7pm
Annual conferenceSee More
Monday
John White posted a blog post

Top 5 Ways to Conserve Energy and Save on Your Air Conditioner Bill

Air conditioners are the essential bastions of cool breezes when the mercury skyrockets and the hot…See More
Monday
Jerry Needham replied to Jerry Needham's discussion Condensation on ceiling and walls of master bedroom
Saturday
Gabriel Rojas joined Don Fugler's group
Thumbnail

Kitchen Ventilation

In many homes, cooking is the largest indoor source of air pollutants. Exposures can be higher in…See More
Saturday

Photos

  • Add Photos
  • View All

© 2018   Created by Home Performance Coalition (HPC)   Powered by

Badges  |  Report an Issue  |  Terms of Service