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If you make energy improvements to your home, tax credits are available for a portion of qualifying expenses. To claim the credits, homeowners who improve their primary residence may find the most opportunities. However, renters may also qualify for these credits. If you have questions about qualifying residences, detailed information can be found through the Internal Revenue Service (IRS) frequently asked questions web page at www.irs.gov. The detailed credits are listed in table 1. To claim home energy tax credits, fill out IRS Form 5695. The IRS provides more information about home energy tax credits on their website.

Table 1. Tax Credit Details

1 Subject to cap of $1200/year

2 The IRS will soon publish further information on eligibility requirements related to home electric vehicle chargers. However, that credit is intended for individuals and businesses in nonurban or low-income communities.
Equipment TypeTax Credit Available for 2022 Tax YearTax Credit Available for 2023-2032 Tax Years
Home Clean-Electricity Products
Solar (electricity)
Fuel cells30% of cost
Wind turbine
Battery storageN/A30% of cost
Heating, Cooling, and Water Heating
Heat pumps
Heat pump water heaters$30030% of cost, up to $2,000 per year
Biomass stoves
Geothermal heat pumps30% of cost
Solar (water heating)30% of cost
Efficient air conditioners1$30030% of cost, up to $600
Efficient heating equipment130% of cost, up to $60030% of cost, up to $600
Efficient water heating equipment1$15030% of cost, up to $600
Other Energy Efficiency Upgrades
Electric panel or circuit upgrades for new electric equipment1N/A30% of cost, up to $600
Insulation materials110% of cost30% of cost
Windows, including skylights110% of cost30% of cost, up to $600
Exterior doors110% of cost30% of cost, up to $500 for doors (up to $250 each)
Home energy audits1N/A30% of cost, up to $150
Home electric vehicle charger30% of cost, up to $1,00030% of cost, up to $1,0002