energy
Consumer Energy Tax Incentives
What the American Recovery and
Reinvestment Act Means to You
T
he American Recovery and Rein-
vestment Act of 2009 extended
many consumer tax incentives
originally introduced in the Energy
Policy Act of 2005 (EPACT) and
amended in the Emergency Economic
Stabilization Act of 2008. Businesses,
utilities, and governments are also eli-
gible for tax credits.
See the summary of the energy tax
incentives included in the Emergency
Economic Stabilization Act of 2008.
About Tax Credits
A tax credit is generally more valu-
able than an equivalent tax deduction
because a tax credit reduces tax dollar-
for-dollar, while a deduction only
removes a percentage of the tax that is
owed. Consumers can itemize purchas-
es on their federal income tax form,
which will lower the total amount of
tax they owe the government.
Fuel-efficient vehicles and energy-
efficient appliances and products pro-
vide many benefits such as better gas
mileage –meaning lower gasoline
costs, fewer emissions, lower energy
bills, increased indoor comfort, and
reduced air pollution.
In addition to federal tax incentives,
some consumers will also be eligible ciency for more details on federal cient windows, insulation, doors, roofs,
for utility or state rebates, as well as incentives and the Database of State and heating and cooling equipment in
state tax incentives for energy-efficient Incentives for Renewables and Effi- existing homes can receive a tax credit
homes, vehicles and equipment. Each ciency (DSIRE) for information on for 30% of the cost, up to $1,500, for
state’s energy office web site may have federal, state, local, and utility incen- improvements “placed in service” start-
more information on specific state tax tives. ing January 1, 2009, through December
information. 31, 2010. See
EnergyStar.gov for a
Below is a summary of many of the Home Energy Efficiency complete summary of energy efficiency
tax credits available to consumers. Improvement Tax Credits tax credits available to consumers.
Please see the ENERGY STAR® page Consumers who purchase and install
on Federal Tax Credits for Energy Effi- specific products, such as energy-effi-
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