West Michigan Heating and Cooling Tax Credits Energy Efficiency

Tax Credit FAQ

How much will each state receive to fund its program?
Each state will receive an amount proportionate to its population compared to the total U.S. population, with a floor of no less than $100,000.

How long will the rebate programs last?
The rebate program will continue as long as the states and territories have money to support it. While they have until February 2012 to spend the money, it is likely that the money will go quickly. States and territories must indicate how they intend to notify consumers when the funding for rebate program is exhausted.

Who is eligible for a rebate?
The program is for consumers. Each state will specify exactly who is eligible to participate in its program, and some states are likely to limit rebates to only certain types of consumers, e.g., low-income.

Do I have to turn in my old appliance to be eligible?
Only purchases that replace an existing appliance are eligible for a rebate. DOE is strongly encouraging the recycling of old appliances purchased under the program. See the ENERGY STAR Recycling page for more information on appliance recycling.

Can I get more than one rebate from my state?
Each state will decide if consumers will be eligible for more than one rebate when purchasing appliances covered in the program.

What are the rebate amounts?
Each state and territory will choose dollar amounts for the products selected. Amounts could range from $50 to $250, depending upon the product being purchased, the purchase price, and other potential market factors.

HOME About Glockzin H&C Heating & Cooling Service Cooling & Air Conditioning Commercial HVAC Furnaces & Forced Air Boilers & Hydronic Heat Geothermal Heat Pumps Radiant Floor Heating Water Heaters Thermostats Fireplaces Indoor Air Quality Home Heating Guide Tax Credits GREEN Energy Guide Links & Resources Contact Us	West Michigan Heating and Cooling Tax Credits For Energy Efficiency If you purchase an energy-efficient product or renewable energy system for your home, you may be eligible for a federal tax credit. Below you will find an overview of the federal tax credits for energy efficiency. How to Claim Your Tax Credit • Claim improvements made in 2009 on your 2009 taxes, filed by April 15, 2010. • Use the 2009 version of IRS Tax Form 5695; this form will be available in early 2010. • Save your receipts and the Manufacturer Certification Statement for your records. Products Eligible for Tax Credits Through 2010 The products in this section are eligible for tax credits at 30% of the cost, up to a total credit of $1,500; they must be "placed in service" from January 1, 2009 through December 31, 2010. Select "See Details" under each section below for more information on each product, or see the printable version): Note that the $1,500 maximum limit is for all of the efficiency measures combined over the two-year 2009-2010 period; you can purchase up to $5,000 worth of products over the two years and get 30% or $1,500 as a tax credit. If you get the full $1,500 tax credit in 2009, you are not eligible for a tax credit on these products in 2010. The maximum does not apply to geothermal heat pumps, solar energy systems, wind energy systems, and fuel cells. You can receive both the tax credit capped at $1,500 and the tax credit for products with no upper limit. Products Eligible for Tax Credits Through 2016 Tax credits for geothermal heat pump, solar energy systems, wind energy systems, and fuel cells are available at 30% of the cost, with no upper limit, through 2016. Geothermal Heat Pump Credit: 30% of cost, with no upper limit When and Where: • Must be "placed in service" by Dec. 31, 2016 • Primary residences. Vacation homes eligible for partial credit; no rentals. • New and existing homes Rebates for ENERGY STAR Appliances In the coming months you may be eligible to receive rebates from your state or territory for the purchase of new ENERGY STAR-qualified appliances. These rebates are being funded with $300 million from the American Recovery and Reinvestment Act of 2009. Under this program, eligible consumers can receive rebates to purchase new energy-efficient appliances when they replace used appliances. Michigan Appliance Rebates The State of Michigan will implement a mail-in rebate program to help residents replace older, inefficient appliances with ENERGY STAR® qualified and ultra-efficient appliances. The program is tentatively scheduled to begin in late spring, 2010. The rebate forms require consumers to certify residency and that the rebated product is a replacement. Eligible products include: • Refrigerators • Clothes washers • Dishwashers • Propane Water Heaters • Solar Water Heaters • Oil Furnaces • Propane Furnaces The state encourages residents to recycle all old appliances, and those who obtain rebates are required to certify that the replaced appliance was removed from the residence.		Tax Credit FAQ How much will each state receive to fund its program? Each state will receive an amount proportionate to its population compared to the total U.S. population, with a floor of no less than $100,000. How long will the rebate programs last? The rebate program will continue as long as the states and territories have money to support it. While they have until February 2012 to spend the money, it is likely that the money will go quickly. States and territories must indicate how they intend to notify consumers when the funding for rebate program is exhausted. Who is eligible for a rebate? The program is for consumers. Each state will specify exactly who is eligible to participate in its program, and some states are likely to limit rebates to only certain types of consumers, e.g., low-income. Do I have to turn in my old appliance to be eligible? Only purchases that replace an existing appliance are eligible for a rebate. DOE is strongly encouraging the recycling of old appliances purchased under the program. See the ENERGY STAR Recycling page for more information on appliance recycling. Can I get more than one rebate from my state? Each state will decide if consumers will be eligible for more than one rebate when purchasing appliances covered in the program. What are the rebate amounts? Each state and territory will choose dollar amounts for the products selected. Amounts could range from $50 to $250, depending upon the product being purchased, the purchase price, and other potential market factors.
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