Tag Archive for ‘energy tax credit’

New Residential Energy Tax Credit Estimates

In 2005, Congress established a number of energy-efficiency tax incentives related to housing that benefitted new home buyers and remodeling homeowners. These policies included the tax code section 45L credit for the construction of energy-efficient homes (including for-rent residences and low-rise apartments), the 25C credit for retrofitting/remodeling existing homes, and the 25D credit for the installation of power production property in… Read More ›

Rise of Solar Powered Homes

The count of homes powered by photovoltaic (PV) systems is rising. And while solar-powered homes remain a small share of the total housing stock, that share is growing through a combination of policy incentives and homebuyer preferences. Among the top features homebuyers are seeking in a home is energy-efficiency. In fact, in a 2012 NAHB study of homebuyer preferences, energy-efficiency elements… Read More ›

How Did Homeowners Use the Energy Tax Credits?

In 2005, Congress established a number of energy-efficiency tax incentives related to housing. These policies include the tax code section 45L credit for the construction of energy-efficient homes, the 25C credit for retrofitting existing homes, and the 25D credit for the installation of power production property in new and existing homes. Using earlier IRS data for tax year 2009, we… Read More ›