Making Our Homes More Efcient:
Clean Energy Tax Credits for Consumers
Equipment type
Tax Credit Available for
2022 Tax Year
Updated Tax Credit
Available for 2023-2032
Tax Years
Home Clean Electricity Products
Solar (electricity)
30% of costFuel Cells
Wind Turbine
Battery Storage N/A 30% of cost
Heating, Cooling, and Water Heating
Heat pumps
$300
30% of cost, up to $2,000
per year
Heat pump water heaters
Biomass Stoves
Geothermal heat pumps
30% of cost
Solar (water heating)
Ecient air conditioners*
$300 30% of cost, up to $600
Ecient heating equipment*
Ecient water heating equipment* $150 30% of cost, up to $600
Other Energy Eciency Upgrades
Electric panel or circuit upgrades for new
electric equipment*
N/A 30% of cost, up to $600
Insulation materials* 10% of cost 30% of cost
Windows, including skylights* 10% of cost 30% of cost, up to $600
Exterior doors* 10% of cost
30% of cost, up to $500 for
doors (up to $250 each)
Home Energy Audits* N/A 30% of cost, up to $150
*Subject to cap of $1,200/year
Frequently Asked Questions
Q: Who is eligible for tax credits?
A: Homeowners, including renters for certain expenditures, who purchase energy and other ecient appliances
and products.
Q: What do consumers do to get the credit(s)?
A: Fill out IRS Form 5695, following IRS instructions, and include it when ling your tax return. Include any
relevant product receipts.
Q: Are there limits to what consumers can claim?
A: Consumers can claim the same or varying credits year after year with new products purchased, but some
credits have an annual limit. See the table above.
Q: How do consumers nd qualied professionals to conduct home energy audits?
A: Visit https://www.energy.gov/energysave/professional-home-energy-assessments.
Q: What products are eligible for tax credits?
• Home clean electricity products
▫ Solar panels for electricity from a provider in your area.
▫ Home back-up power battery storage with capacity of 3 kWh or greater.
• Heating, cooling, and water heating
▫ Electric or natural gas heat pumps; electric or natural gas heat pump water heaters; central
air conditioners; natural gas or propane or oil water heaters; natural gas or propane or oil
furnaces or hot water boilers that meet or exceed the specic eciency tiers established by the
Consortium for Energy Eciency. Eligible products here: https://cee1.org/node/729.
▫ Solar water heating products that are certied for performance by the Solar Rating Certication
Corporation or comparable entity endorsed by the state government in which product is installed.
See: https://solar-rating.org.
• Other energy eciency upgrades
▫ Oil furnaces or hot water boilers if they meet or exceed 2021 Energy Star eciency criteria and are
rated by the manufacturer for use with fuel blends at least 20% of the volume of which consists of an
eligible fuel. See: https://www.energystar.gov/products.
▫ Panelboards, sub-panelboards, branch circuits, or feeders that are installed according to National
Electrical Code and have load capacity of 200 amps or more.
▫ Insulation materials and systems that meet International Energy Conservation Code standards.
See: https://www.energy.gov/eere/buildings/building-energy-codes-program.
▫ Exterior windows that meet Energy Star’s Most Ecient requirements.
See: https://www.energystar.gov/products/most_ecient.
Q: What if I have questions about products, standards, codes or other eligibility referenced above?
A: Ask a trusted contractor, plumber, or electrician.
Q: Where do I get even more detailed information?
A: More information on the energy ecient home improvement credit and residential clean energy property credit
is available for tax professionals, building contractors, and others at IRS releases frequently asked questions
about energy ecient home improvements and residential clean energy property credits | Internal Revenue
Service. See: https://www.irs.gov/newsroom/irs-releases-frequently-asked-questions-about-energy-ecient-
home-improvements-and-residential-clean-energy-property-credits.