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Alternative Energy System Tax Credits
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General Credit Amount
- Federal: 30% of cost*
- State: Cost, up to $500 per taxpayer**
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Federal alternative energy system credit applies to:
- property placed into service prior to January 1, 2017
- existing and new home construction
*Credit for fuel cells cannot exceed $500 for each 0.5 kilowatt of capacity
**Credit for geothermal heat systems up to $1,500
FAQs for ARRA Energy Credit
Comparison of Federal and State Tax Credits for Homeowners
Home Energy Tax Savings Improvement Calculator