Federal Tax Credits Currently Not Renewed for 2012
Federal tax credits on qualifying, high-efficiency HVAC & Water Heating equipment by the Tax Relief, Unemployment Insurance Re-authorization, and Job Creation Act of 2010 expired on December 31, 2011 and have not been renewed for 2012. Although a renewal of this program remains possible, the legislation has not been passed and therefore, credits are not eligible for any residential energy products sold in 2012. The only exception is that:
Geothermal system tax credits and solar water heaters are unaffected by these changes and remain in place through 12/31/2016.
Note: State, Local and Utility rebates may still be available in your respective markets for residential energy products installed in 2012. Please visit the "Homeowner Resource Center" for a list of energy efficiency tax credits by State.