Residential

Residential Renewable Energy Tax Credit

Note: The Taxpayer Certainty and Disaster Tax Relief Act of 2020, signed in December 2020, extended the phase out of this tax credit.

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 with respect to the equipment are treated as made when the installation is completed. If the installation is at a new home, the "placed in service" date is the date of occupancy by the homeowner. Expenditures include labor costs for on-site preparation, assembly or original

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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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Burbank Water and Power - LEED Certification Incentive Program

Designing and building high-performance buildings that are also sustainable is good business and better for the environment. To help offset the cost of constructing environmentally friendly buildings, the city of Burbank created two ordinances and Burbank Water and Power created a rebate program. Rebates vary depending on the level of certification a building receives, ranging from $15,000-$30,000.

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Technology and Equipment for Clean Heating (TECH) Initiative

The Technology and Equipment for Clean Heating (TECH) Initiative provides matching funds to supplement clean heating incentives offered by California's natural gas utilities. All TECH matching incentives are provided at the contractor level. Enrolled contractors installing Heat Pump HVAC systems and Heat Pump Water Heaters can earn at least $3,000 per installation, with opportunities to earn up to $6,600 in select regions where utilities have partnered with TECH Clean California. Project sites do not have to be gas or electric IOU customers to be eligible for incentives—TECH Clean California incentive eligibility is determined solely by the project site’s zip code

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Rocky Mountain Power - EV Charging Station Grant and Rebate Program

Incentives are available to Utah businesses, communities and multi-unit properties for both Level 2 and DC fast chargers. Residential customers may also qualify for incentives when adding a Level 2 charger to their home. 

AC Level 2 Charger (Non-residential):

  • Single port: $1,000 per charger up to 75% of total charger cost
  • Multi-port: $1,500 per charger up to 75% of total charger cost

DC Fast Charger (Non-residential):

  • Single port: $30,000 per charger up to 75% of total charger and installation costs (subject to cap)
  • Multi-Port:  $42,000 per charger up to 75% of total charger and installation costs (subject to cap)

AC

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