Can credits be claimed for both existing homes and for new construction?
Generally, improvements to existing homes quality for both the federal and the Montana credits. New construction – federal credits: Geothermal heat pumps, photovoltaics (solar panels), solar water heaters, small wind energy systems, and fuel cells installed in a new home qualify for the federal alternative energy system credit. The federal energy conservation credit is not allowed for windows, doors, insulation, roofs, HVAC, non-solar water heaters, or biomass stoves installed in new construction. Separate federal credits for home builders that were enacted by the Energy Policy Act of 2005 and extended by the Emergency Economic Stabilization Act of 2008 were not affected by ARRA and remain in effect. They are discussed at http://www.energystar.gov/index.cfm?c=products.pr_tax_credits#s6. New construction – Montana credits: In general, alternative energy systems installed in a new home qualify for Montana’s alternative energy credits. Unlike the federal credit, however, Montana’s alterna
Generally, improvements to existing homes qualify for both the federal and the Montana credits. New construction – federal credits: Geothermal heat pumps, photovoltaics (solar panels), solar water heaters, small wind energy systems, and fuel cells installed in a new home qualify for the federal alternative energy system credit. The federal energy conservation credit is not allowed for windows, doors, insulation, roofs, HVAC, non-solar water heaters, or biomass stoves installed in new construction. Separate federal credits for home builders that were enacted by the Energy Policy Act of 2005 and extended by the Emergency Economic Stabilization Act of 2008 were not affected by ARRA and remain in effect. They are discussed at http://www.energystar.gov/index.cfm?c=products.pr_tax_credits#s6. New construction – Montana credits: In general, alternative energy systems installed in a new home qualify for Montana’s alternative energy credits. Unlike the federal credit, however, Montana’s alterna
