The federal government has renewed the 2005 EPAct $2000 Tax Credit for energy efficient homes! After hard work by RESNET and its strategic allies, Congress has extended the tax credit. This credit is for homes placed in service between Jan 1, 2011 and December 31,2011. Reports claim homes placed in service in 2010 can also qualify. The extension was part of a sweeping tax package negotiated by the White House and Republican Leaders. President Obama signed into law on 12/17/2010.
Q: What does this mean for YOU?
We at RKSEC are prepared and eager to qualify your new home for the $2,000 tax credit. A qualified home will use 50% less energy than a 2004 IECC reference home with 20% improvement coming from the building envelope alone. In summary, a new home built to the 2009 IECC might certainly qualify and any home with a HERS score of 62 or below! We at RKSEC feel confident that a great percentage of homes being built today will qualify.
Q: What are the next steps?
RKSEC needs to comlete an energy software analysis similar to the 2009 IECC Performance Alternative, an infiltration test (Blower Door) and possibly a duct leakage test. If your home complies, we will provide you with the required documentation to include with IRS Form 8908.
Sample compliance documents
Sample 2005 EPAct Tax Credit.pdf
Disclaimer: RKS Energy Consulting, Inc or it's affiliates are not professional tax preparers or experts in tax law. Final eligibility for the tax credit will depend on your individual tax situation. Contact your tax preparer before contracting with RKSEC to document your home's performance.