Energy Star - 45L Tax Credit
Energy Saving Requirements
The credit amount is based on the extent to which each new energy efficient home meets the energy saving requirements discussed below.
50% energy efficient standard (for homes sold or leased before 2032).
The credit is $2,500 for a dwelling unit that is certified to have an annual level of heating and cooling energy consumption at least 50% below the annual level of heating and cooling energy consumption of a comparable dwelling unit and has building envelope component improvements that account for at least 1/5 of the 50% reduction in energy consumption. A manufactured home meeting the requirements described above and the Federal Manufactured Home Construction and Safety Standards (FMHCSS) requirements (see 24 C.F.R. part 3280) is also eligible for the $2,500 credit.
What is the 45L Tax Credit?
For homes sold or leased between 2023-2032, an eligible contractor must obtain a certification that the dwelling unit meets the requirements of section 45L(c) (as in effect for homes sold or leased after 2023) before claiming the section 45L credit. The certification will be treated as satisfying the requirements of section 45L(c) if all the construction has been performed in a manner consistent with the design specifications provided to the eligible certifier and the certification contains all of the information required.
Form 8908 Energy Efficient Home Credit
Eligible contractors use Form 8908 to claim a credit for each qualified energy efficient home sold or leased to another person during the tax year for use as a residence. The credit is based on the energy saving requirements of the home. The credit is part of the general business credit.
Who May Claim the Credit
Eligible contractors may claim the credit for new energy efficient homes that are acquired by sale or lease by an individual from that contractor during the tax year for use as a residence.
