Residential Energy Efficient Property Credit

Qualified solar water heating property costs

Qualified solar water heating property costs are costs for property to heat water for use in a home located in the United States and used as a home if at least half of the energy used by the property for such purpose is derived from the sun.

This includes costs relating to a solar panel or other property installed as a roof or a portion of a roof.

To qualify for the credit, the property must be certified for performance by the nonprofit Solar Rating Certification Corporation or a comparable entity endorsed by the government of the state in which the property is installed.

Qualified fuel cell property costs

Qualified fuel cell property costs are costs for qualified fuel cell property installed on or in connection with your main home located in the United States.

Qualified fuel cell property is an integrated system comprised of a fuel cell stack assembly and associated balance or plant components that converts a fuel into electricity using electrochemical means.

To qualify for the credit, the fuel cell property must have a nameplate capacity of at least one half kilowatt of electricity using an electrochemical process and an electricity only generation efficiency greater than 30%.

Costs allocable to a swimming pool, hot tub, or any other energy storage medium that has a function other than the function of such storage do not qualify for the residential energy efficiency credit.