(Source: ENERGY STAR—U.S. Environmental Protection Agency—U.S. Department of Energy).
Tax credits are available at 30% of the cost, with no upper limit through 2016 (for existing homes and new construction). Second homes qualify but Rentals do not qualify. This is applicable for:
Tax credits are available at 30% of the cost up to $500 per 0.5
kW of power capacity through 2016 for existing homes and new construction.
Must be principal residence; Rentals and second homes
do not qualify. This is applicable for:
Tax Deductions for Commercial Buildings: A tax deduction of up to $1.80 per square foot is available to owners or designers of new or existing commercial buildings that save at least 50% of the heating and cooling energy of a building that meets ASHRAE Standard 90.1-2001. Partial deductions of up to $60 per square foot can be taken for measures affecting any one of three building systems: the building envelope, lighting, or heating and cooling systems. These tax deductions are available for systems placed in service from January 1, 2006 toDecember 31, 2013. In addition, there are many other tax credits for efficient cars, home builders, home improvements, and so forth.