Eligible contractors who build or substantially reconstruct qualified new energy-efficient homes may be able to claim tax credits up to $5,000 per home. The amount of the credit depends on factors including the type of home, its energy efficiency, and the date when the home is acquired.

​

Qualified Energy-Efficient Improvements

     If a homeowner makes qualified energy-efficient improvements to their personal residence after January 1, 2023, they may qualify for a tax credit up to $3,200. Beginning January 1, 2023, the credit equals 30% of certain qualified expenses, including:

•  Qualified energy efficiency improvements installed during the year

•  Residential energy property expenses

•  Home energy audits

There are limits on the allowable annual credit and on the amount of credit for certain types of qualified expenses. Credit is allowed for qualifying property placed in service on or after January 1, 2023, and before January 1, 2033. The maximum credit that can claim each year is: $1,200 for energy property costs and certain energy efficient home improvements.

​

Residential Clean Energy Property Credit

The residential clean energy property credit is a 30% credit for certain qualified expenditures made by a taxpayer for residential energy efficient property. 

​

New Clean Vehicle Credit
For purposes of the new clean vehicle credit, a new clean vehicle is a clean vehicle placed in service on or after January 1, 2023, that is acquired by a client for original use. This includes plug-in electric drive motor vehicles and fuel cell vehicles.