Federal Tax Credits: Retroactive for 2017

On February 9, 2018, The Bipartisan Budget Act of 2018 was signed into law. Included in this legislation is a one year, retroactive extension of the Nonbusiness Energy Property Credit.

Note: State, Local and Utility rebates may still be available in your respective markets for residential energy products installed in 2017. Please visit www.dsireusa.org for a list of energy efficiency tax credits by State.

Here’s what you need to know about these tax credits:

What equipment qualifies for the credit?

High-efficiency water heaters, furnaces, boilers, heat pumps, central air conditioners, building insulation, windows, roofs, biomass stoves, and circulating fans used in qualifying gas furnaces. Please see the chart below, which details the qualifying Ruud equipment.

When does the tax credit expire?

This tax credit expired at the end of 2016, however The Bipartisan Budget Act of 2018 retroactively renewed this tax credit effective January 1, 2017, expiring again on December 31, 2017.

What’s the maximum amount that a homeowner can receive in tax credits?

The maximum amount an eligible homeowner may receive in tax credits for improvements is $500. If you have already claimed credits of $500 or more from improvements made in 2011 or any year prior, you are ineligible to claim new credits for any new improvements made during 2012 through 2017.

Can these tax credits be applied to energy-efficient equipment purchased for a second home?

In order for purchases of high-efficiency heating, cooling and water heating equipment to be eligible for this tax credit, the equipment must be installed in a primary residence that is owned and used by the taxpayer 

What do I need to do to take advantage of this tax credit?

Your local contractor who installs the equipment can help make sure that you have the right documentation needed to claim the tax credit. You can also download the proper IRS form here.

Where can I find out more information about these tax credits?

AHRI (Air-Conditioning, Heating & Refrigeration Institute) has more information here.

EnergyStar.gov provides information here as well.

Note: State, Local and Utility rebates may still be available in your respective markets for residential energy products. Please visit the “Homeowner Resource Center” for a list of energy efficiency tax credits by State.


IMPORTANT: Review a specific model’s tax credit form for a complete listing of model capacities and system combinations that qualify.
You will be able to find the tax documents on the product pages linked below.

RP14 Series UA17 Series UP17 Series
RP15 Series RASL-JEC Series RA16 Series
RA14 Series RA14**W Series RRRL-B Series
RQPM Series RQPL Series RRPL-B Series
RSPL Series RRNL-B Series RKPL Series
R95P Series R95T Series R96P Series
U96V Series RQRM Series U97V Series
RACA14 Series RGEA14 Series RGEA16 Series
RACA15 Series RGEA15 Series

*Tax credit forms will be posted by March 30, 2018.