This post focuses on links for incentives that our family may be eligible for. We are not eligible for low-income incentives, and there are many of these, which I hope many will take advantage of because they provide significant funding for sustainability projects.
A good resource that I have found to summarize sustainability incentives is the Database of State Incentives for Renewables & Efficiency You can find incentives available by zip code, inclusive of federal incentives. It helps to sort the links by the date last updated, as the older ones sometimes reference incentives that have expired.
Under the Bipartisan Budget Act of 2018, the renewable energy tax credits for fuel cells, small wind turbines, and geothermal heat pumps now feature a gradual step down in the credit value, the same as those for solar energy systems.
Tax Credit: 22% for systems placed in service after 12/31/2020 and before 01/01/2022
Expires: December 31, 2021
Details: Existing homes and new construction qualify. Both principal residences and second homes qualify. Rentals do not qualify.
Wind Turbines: Must generate no more than 100 kilowatts of electricity for residential use.
(information on wind power in Sullivan County can be found here)
All ENERGY STAR Qualified solar water heaters qualify for the tax credit
Photovoltaic systems must provide electricity for the residence, and must meet applicable fire and electrical code requirements.
Home builders are eligible for a $2,000 tax credit for a new energy-efficient home that achieves 50% energy savings for heating and cooling over the 2006 International Energy Conservation Code (IECC) and supplements. At least 1/5 of the energy savings has to come from building envelope improvements.
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