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Rebates & Tax Incentives
FEDERAL
The American Recovery and Reinvestment Act of 2009, signed on February 17, 2009, extended many consumer tax incentives originally introduced in the Energy Policy Act of 2005 (EPACT) and amended in the Emergency Economic Stabilization Act of 2008 (P.L. 110-343).
Tax credits are usually more valuable than an equivalent tax deduction because they reduce taxes dollar-for-dollar, while a tax deduction only reduces a percentage of the tax owed.
Energy-efficient appliances and systems provide many benefits such as lower energy bills, increased indoor comfort, and reduced air pollution.
Tax Credits for Homeowners
Below are tax credits/incentives available to consumers.
For a list of equipment (pdf) available for tax credits, click here.
For general information about energy tax incentives (pdf), download this or visit the Tax Incentives Assistance Project's website for more information.
To find out if your equipment is eligible for a credit, search the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) directory.
Another good source for up-to-date information can be found at the ENERGY STAR® page on Federal Tax Credits for Energy Efficiency.
Some consumers may also be eligible for utility or state rebates, as well as state tax incentives for energy-efficient homes and equipment.
Efficiency Vermont Incentives
Efficiency Vermont provides technical assistance and financial incentives to Vermont households and businesses, to help them reduce their energy costs with energy-efficient equipment and with energy-efficient approaches to construction and renovation. For more information about available rebates and incentives, visit the Efficiency Vermont rebate center
Renewable Energy Vermont (REV) Sales Tax Exemption
All solar hot water equipment is exempt from Vermont's 6 percent sales tax. For more information, visit REV’s website.
New Hampshire Office of Energy and Planning
State Energy Efficient Appliance Rebate Program
The State Energy Efficient Appliance Rebate Program (SEEARP) was created under the Energy Policy Act of 2005 and received funding through the American Recovery and Reinvestment Act (ARRA) in February 2009. The NH program has been allocated approximately $1.2 million for implementation and will offer residential consumers rebates for the replacement of existing hot water heaters, boilers and furnaces to more energy efficient models. Rebates will be available on a first come - first serve basis and will not be available on purchases prior to the commencement of the program.
ARRA Home Heating System Rebate Program
As part of the American Recovery and Reinvestment Act (ARRA), the New Hampshire Office of Energy and Planning received approval from the federal government to offer New Hampshire residents incentives for the purchase and installation of high efficiency home heating systems and/or domestic water heaters.
This program provides rebates for replacement installations of high efficiency home heating systems and/or water heaters in existing homes for current New Hampshire residential electric, propane, oil and natural gas customers*.
To be eligible you must purchase, install and operate a heating and/or domestic water heater that meets all applicable efficiency requirements.
Due to the limited availability of ARRA funds, the program must terminate when funds are exhausted. Program termination information will be posted on NHSAVES.com website.
FEDERAL
The American Recovery and Reinvestment Act of 2009, signed on February 17, 2009, extended many consumer tax incentives originally introduced in the Energy Policy Act of 2005 (EPACT) and amended in the Emergency Economic Stabilization Act of 2008 (P.L. 110-343).
Tax credits are usually more valuable than an equivalent tax deduction because they reduce taxes dollar-for-dollar, while a tax deduction only reduces a percentage of the tax owed.
Energy-efficient appliances and systems provide many benefits such as lower energy bills, increased indoor comfort, and reduced air pollution.
Tax Credits for Homeowners
Below are tax credits/incentives available to consumers.
For a list of equipment (pdf) available for tax credits, click here.
For general information about energy tax incentives (pdf), download this or visit the Tax Incentives Assistance Project's website for more information.
To find out if your equipment is eligible for a credit, search the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) directory.
Another good source for up-to-date information can be found at the ENERGY STAR® page on Federal Tax Credits for Energy Efficiency.
- Home Energy Efficiency Improvement Tax Credits
Consumers who purchase and install specific products such as energy-efficient heating and cooling equipment in existing homes can receive a tax credit for 30% of the cost, up to $1,500, for improvements "placed in service" starting January 1, 2009, through December 31, 2010. - Residential Renewable Energy Tax Credits
Consumers who install solar energy systems (including solar water heating and solar electric systems), geothermal heat pumps can receive a 30% tax credit for systems placed in service before December 31, 2016; the previous tax credit cap no longer applies.
Some consumers may also be eligible for utility or state rebates, as well as state tax incentives for energy-efficient homes and equipment.
Efficiency Vermont Incentives
Efficiency Vermont provides technical assistance and financial incentives to Vermont households and businesses, to help them reduce their energy costs with energy-efficient equipment and with energy-efficient approaches to construction and renovation. For more information about available rebates and incentives, visit the Efficiency Vermont rebate center
Renewable Energy Vermont (REV) Sales Tax Exemption
All solar hot water equipment is exempt from Vermont's 6 percent sales tax. For more information, visit REV’s website.
New Hampshire Office of Energy and Planning
State Energy Efficient Appliance Rebate Program
The State Energy Efficient Appliance Rebate Program (SEEARP) was created under the Energy Policy Act of 2005 and received funding through the American Recovery and Reinvestment Act (ARRA) in February 2009. The NH program has been allocated approximately $1.2 million for implementation and will offer residential consumers rebates for the replacement of existing hot water heaters, boilers and furnaces to more energy efficient models. Rebates will be available on a first come - first serve basis and will not be available on purchases prior to the commencement of the program.
ARRA Home Heating System Rebate Program
As part of the American Recovery and Reinvestment Act (ARRA), the New Hampshire Office of Energy and Planning received approval from the federal government to offer New Hampshire residents incentives for the purchase and installation of high efficiency home heating systems and/or domestic water heaters.
This program provides rebates for replacement installations of high efficiency home heating systems and/or water heaters in existing homes for current New Hampshire residential electric, propane, oil and natural gas customers*.
To be eligible you must purchase, install and operate a heating and/or domestic water heater that meets all applicable efficiency requirements.
Due to the limited availability of ARRA funds, the program must terminate when funds are exhausted. Program termination information will be posted on NHSAVES.com website.