Solar Water Heat, Photovoltaic, Wind,
Fuel Cells, Geothermal Heat Pumps, Other Solar
Electric Technologies
Applicable Sectors:
Residential
Amount:
30%
Maximum Incentive:
Solar-electric systems placed in service before
1/1/09: $2,000
Solar-electric systems placed in service after
12/31/08: no maximum
Solar water heaters placed in service before
1/1/09: $2,000
Solar water heaters placed in service after
12/31/08: no maximum
Wind turbines placed in service in 2008: $4,000
Wind turbines placed in service after 12/31/08: no
maximum
Geothermal heat pumps placed in service in 2008:
$2,000
Geothermal heat pumps placed in service after
12/31/08: no maximum
Fuel cells: $500 per 0.5 kW
Carryover Provisions:
Excess credit may be carried forward to succeeding
tax year
Eligible System Size:
Fuel cells: 0.5 kW minimum
Equipment/Installation Requirements:
Solar water heating property must be certified by
SRCC or by comparable entity endorsed by the state
in which the system is installed. At least half the
energy used to heat the dwelling's water must be
from solar. Geothermal heat pumps must meet federal
Energy Star requirements. Fuel cells must have
electricity-only generation efficiency greater than
30%.
Public Information - IRS
Internal Revenue Service
1111 Constitution Avenue, N.W.
Washington, DC 20224 Phone: (800) 829-1040 Web site:http://www.irs.gov
Tax Credit/Grant Information
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