Federal Energy Tax Credits
Energy Star products qualify for a tax credit. The list of qualifying products from 2015 is reduced from previous years and no longer includes rigid board insulation or structural insulated panel products.
Tax Credit: 10% of the cost (not including installation), up to $500
Timing: Must be installed in your "principal residence" between January 1, 2011 and December 31, 2016.
Expires: December 31, 2016
Details: Typical bulk insulation products can qualify, such as batts, rolls, blow-in fibers, rigid boards, expanding spray, and pour-in-place.
Products that air seal (reduce air leaks) can also qualify, as long as they come with a Manufacturers Certification Statement, including:
Spray foam in a can, designed to air seal
Caulk designed to air seal
For complete details visit Energy Star.
The Consolidated Appropriations Act, signed in December 2015, extended the expiration date of tax credits for some energy efficiency measures that previously expired at the end of 2014. The eligible incentives cover residential energy efficiency improvements, builder incentives for energy efficient new homes, and energy efficient new and retrofitted commerical buildings for measures installed by December 31, 2015. For more information on Residential Energy Efficient Property credits and Nonbusiness Energy Property credits see 2015 Federal Tax Credits.
a copy of ACH Foam Technologies' manufacturer certification statement for your income tax records.