7.2 : Federal Tax Incentives




7.2.5 Tax Incentives of the Energy Policy Act of 2005
New Homes
--Builders who build homes that use 50% less energy for space heating and cooling than the IECC 2003 are eligible for a
$2,000 tax credit per home.
--Manufactured housing builder that either uses 30% less energy than this reference code or that meet the then-current
ENERGY STAR criteria are eligible for $1,000 tax credit per home. At least 10% of energy savings must be obtained through
building envelope improvements.
Envelope Improvements to Existing Homes
--10% tax credit up to $500 for upgrading building envelope to be compliant with codes for new construction. Window
replacement is capped at $200. $500 is the cap for all for envelope and HVAC improvements. Improvements must be installed
between January 1, 2006 and December 31, 2007.
Commercial Buildings
--Tax deduction up to $1.80/SF for new commercial buildings which are 50% more efficient than the requirements of
ASHRAE 90.1-19XX.
--Tax deduction up to $0.60/SF for existing commercial buildings which upgrade the envelope, lighting, or HVAC building
systems to 50% more efficient than ASHRAE 90.1-19XX. The deduction can be combined when improvements are made
to two building components.
--Deductions apply to new buildings placed in service and improvements to existing buildings completed between
August X, 2005 and December 31, 2007.
Source(s): ACEEE, The Federal Energy Policy Act of 2005 and its Implications for Energy Efficiency Program Efforts, Sept. 2005, p. 1-7.









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Sources:

ACEEE, The Federal Energy Policy Act of 2005 and its Implications for Energy Efficiency Program Efforts, Sept. 2005, p. 1-7