Federal Tax Credits

Nonbusiness Energy Property Credit

What is Nonbusiness Energy Property Credit?

You may be able to take a energy credit equal to the sum of:

  • 10% of the amount paid in the tax year for qualified energy efficiency improvements installed during the tax year and

  • any residential energy property costs paid in the tax year



What are the limits for claiming the nonbusiness energy property credit?

This nonbusiness energy property credit is limited as follows:

  • a total accumulated credit limit of $500 for all tax years

  • an accumulated credit limit of $200 for windows for all tax years

  • a credit limit for residential energy property costs for all tax years of:

    • $50 for any advanced main air circulating fan

    • $150 for any qualified natural gas, propane, or oil furnace or hot water boiler

    • $300 for any item of energy efficient building property