Join AARP today. Get instant access to discounts, programs, services and the information you need to benefit every area of your life.
by Dan Kulpinski, Updated January 2012
Editor’s note: Much of this content provided by Energy Star. Consult your financial or tax adviser regarding your individual situation.
Did you make energy-saving improvements to your home before the end of 2011? Some of those home improvements could qualify for federal tax credits; however, the credits are smaller than those offered in 2010.
Sign up for AARP's Money Newsletter.
Check out the details below.
Products in These Categories May Be Eligible:
(Consult the Energy Star 2011 Federal Tax Credits page for requirements for each category.)
If you placed eligible equipment in service in your home in 2011, you could qualify for the following:
Tax Credit: 10 percent of cost up to $500 or a specific amount from $50 to $300
Expires: Dec. 31, 2011
Details: Must be an existing home and your principal residence. New construction and rentals do not qualify.
The Catch: There is a $500 lifetime limit. According to the Energy Star website, if you got over $500 in these tax credits from 2006 to 2010, you are not eligible for anything more. Also, some requirements for products to qualify have changed from the 2010 rules, so be sure to read them carefully.
Geothermal, Wind, Solar Credits Don't Expire Until 2016
Additional tax credits are in place through 2016 for items such as geothermal heat pumps, small wind turbines, solar energy systems, and fuel cells. See the Energy Star 2011 Federal Tax Credits page for details.
You may also like: Who has to file a tax return?
Please leave your comment below.
You must be logged in to leave a comment.
Members can take a free confidential hearing test by phone.
Exclusive program for members from The Hartford.
25% off the first healthy meal delivery of $99+.
AARP members receive exclusive member benefits & affect social change.
You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits.
Your email address is now confirmed.
Manage your email preferences and tell us which topics interest you so that we can prioritize the information you receive.
Explore all that AARP has to offer.
In the next 24 hours, you will receive an email to confirm your subscription to receive emails
related to AARP volunteering. Once you confirm that subscription, you will regularly
receive communications related to AARP volunteering. In the meantime, please feel free
to search for ways to make a difference in your community at