Residential

Residential Renewable Energy Tax Credit

Note: Section 13302 of The Inflation Reduction Act of 2022 (H.R. 5376) extended the expiration date and modified the phase down of this tax credit. It also made stand-alone energy storage systems eligible for the credit, and biomass heaters ineligible for the credit. Biomass heaters are now eligible for the residential energy efficiency tax credit. The summary below reflects the credit after the enactment of H.R. 5376.

A taxpayer may claim a credit for a system that serves a dwelling unit located in the United States that is owned and used as a residence by the taxpayer. Expenditures

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Energy-Efficient Mortgages

 Homeowners can take advantage of energy efficient mortgages (EEM) to either finance energy efficiency improvements to existing homes, including renewable energy technologies, or to increase their home buying power with the purchase of a new energy efficient home. The U.S. federal government supports these loans by insuring them through Federal Housing Authority (FHA) or Veterans Affairs (VA) programs. This allows borrowers who might otherwise be denied loans to pursue energy efficiency, and it secures lenders against loan default.

FHA Energy Efficient Mortgages
The FHA allows lenders to add up to 100% of energy efficiency improvements to an existing mortgage loan

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Tucson Electric Power - Energy Storage Rewards Program

Tucson Electric Power (TEP) provides an incentive for customers to enroll their battery system in the utility's Energy Storage Rewards Program. To receive compensation, customers agree to have their batteries charge and discharge at times that are optimal for the grid, including during on-peak and off-peak times, as well as any day of the week, including weekends and holidays. Participants will be notified before upcoming events, but all steps will be automated so they will not need to take any action unless they want to opt out or change their battery’s settings. Each event may last 1 to 4 hours

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Delaware Electric Cooperative - Beat the Peak With Electric Vehicles

Delaware Electric Cooperative offers its members a program called Beat the Peak. During times when the cost to purchase and produce power for members is high, they issue alerts asking members to conserve energy. Since 2008, they have saved about $42 million. The two technologies currently included in this program are Wi-Fi thermostats and electric vehicles. See their website for details. 

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Electric Vehicle Tax Credit

H.B 2234, enacted in April 2021, created a 3¢/kWh tax on electric vehicle charging at public, for-profit charging stations. The tax will go into action on January 1, 2024. For taxable years beginning after December 31, 2023, electric vehicle owners can apply for a tax credit against these charges. The maximum amount of credit is equal to the registration fees for the electric vehicle(s) paid during the same tax year:

  • Vehicles under 6,000 pounds: $110 for all-electric, $82 for plug-in hybrids
  • Vehicles 6,000 - 10,000 pounds: $158 for all-electric, $118 for plug-in hybrids
  • Vehicles 10,000 - 26,000 pounds: $363 for
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Wisconsin - Home Electrification and Appliance Rebate (HEAR) Program

Note: The Federal Inflation Reduction Act (IRA) created the Home Electrification and Appliance Rebate (HEAR) Program. The IRA established the main parameters for this program, but allowed the states to customize the program to meet their state-specific needs. The program is designed to award rebates for purchase of qualifying home electrification equipment and appliances. Residents earning less than 80% of the Area Median Income (AMI) can receive the full rebate amount, and residents earning between 80% and 150% AMI can receive a partial rebate. See summary below and program website for complete details. 

Wisconsin's HEAR program is administered by Focus

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Michigan - Home Electrification and Appliance Rebate (HEAR) Program

On April 23, 2025, Michigan announced the opening of the Michigan Home Energy Rebates program (MIHER), which includes both the HER and HEAR programs supported by IRA funding. The program website does not yet describe the HEAR program incentives, but the press release does identify some incentive amounts.

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EV Charging Program

The EV Charging program provides incentives for residential, multifamily, public, workplace, and fleet customers covering Level 2 chargers, DCFCs, and make-ready infrastructure.

Residential customers can receive up to $1,000 for a networked Level 2 EVSE and/or electrical upgrades.

Commercial customers (multifamily, public, workplace, and fleet) can receive up to 50% of costs for a Level 2 charger or DCFC, up to 50% of costs for Level 2 make-ready installation, and up to 100% of costs for DCFC make-ready installation. The maximum incentive is $20,000 per site for Level 2 and $150,000 per site for DCFC; sites in underserved communities can

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California - Home Electrification and Appliance Rebate (HEAR) Program

Note: The Federal Inflation Reduction Act (IRA) created the Home Electrification and Appliance Rebate (HEAR) Program. The IRA established the main parameters for this program, but allowed the states to customize the program to meet their state-specific needs. The program is designed to award rebates for purchase of qualifying home electrification equipment and appliances. Residents earning less than 80% of the Area Median Income (AMI) can receive the full rebate amount, and residents earning between 80% and 150% AMI can receive a partial rebate. See summary below and program website for complete details. 

As of May 7, 2025

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