Earth Day Climate Action Guide - Home Energy Credit Cap Explainer

Take a look at the breakdown of the two Home Energy Credits. Credit limits must be combined in specific ways which can impact how you choose to complete the work in your home.

 
 
 
 

NOTE:

  • Credits do not have a lifetime limit.

  • See Home Improvement Page for more information on individual credits, eligibility and restrictions.

  • These tax credits are nonrefundable meaning the credit can't be used to create or increase your tax refund. They reduce the amount you owe in taxes.

  • Credits marked with (*) - Labor costs cannot be included.

  • Credits marked with (**) - Credit limits do apply. See individual credit description on Home Improvement Page.

 

*The various pieces of legislation like the Inflation Reduction Act are being rolled out over the coming months and how authorities are implementing these programs is an evolving process so stay tuned as information is updated on this website.