The American Taxpayers Relief Act of 2012 extends federal tax credits for qualified energy efficiency improvements listed in Section 25C of the Internal Revenue Code until December 31, 2013. These extended tax incentives were made retroactive to January 1, 2012 to provide some relief to consumers and businesses that invested in efficiency improvements in 2012 and plan to invest in 2013.
The tax credit is worth 10% of the cost of upgrading the efficiency less installation (labor) costs with a lifetime limit of $500. Visit the Database of State Incentives for Renewables & Efficiency (DSIRE) for more information on this program including qualification requirements and a link to the tax form to submit for your credit. For a list of qualifying systems, view the LG Manufacturer Certification Statement.
