How to Get the Residential Energy Efficiency Property Credit in Austin in 2020

In regard to energy-efficient HVAC installation in Austin, there’s fantastic news for your family at tax time.

The Residential Energy Efficient Property Credit has been extended through 2020. This could make you eligible for reductions for energy-efficient home enhancements, like new heating and cooling equipment, water heaters and heat pumps.

What Equipment is Eligible?

To be entitled for the credit, the residence is required to be the taxpayer’s chief home in the USA. The improvement needs to last for a minimum of five years, with the original use originating with you.

What Types of Improvements are Eligible to be High-Efficiency Renovations?

Usually, this tax credit equals 10% of the expense of the subsequent energy-saving improvements that meet particular ENERGY STAR® conditions:

  • Advanced main air-circulating fans
  • Energy-efficient gas, propane or oil furnaces
  • Energy-efficient gas, propane or oil hot water boilers
  • Energy-efficient heat pumps
  • Energy-efficient water heaters
  • Energy-efficient central air conditioners
  • Insulation
  • Energy-efficient metal and asphalt roofing
  • Particular exterior storm windows, skylights and storm doors
  • Solar/geothermal energy equipment, for example solar electricity, solar water heaters and geothermal heat pumps

Is There a Limit to How Much I Can Claim?

Yes, there’s a lifetime limitation of $500 per home. This means if you have used this incentive in past years, you are required to decrease any credit you previously claimed.

If you’ve already claimed the top amount, you won’t qualify for any other reductions under this continuation.

Credit Caps for Particular Equipment

Incentives have a limit for certain participating solutions:


  • Windows and skylights—$200
  • Advanced main air circulation—$50
  • Hot water boilers—$150
  • Energy-efficient systems—$300

If you have questions about how you can benefit from the extension of the residential energy efficient property tax credit, download Form 5695 or contact your tax advisor for assistance.

Enhance Your Heating and Cooling System Today

Been procrastinating upgrading your heating and cooling units? Reach the Experts at 512-592-3072 or contact us online. We can help you choose an energy-efficient system you can get tax benefits from the following year.

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