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Tax Credit Consulting: Energy Star Tax Credit Washington DC

It must be noted that not all Energy Star Homes are eligible for a tax credit. The Energy Star Tax Credit actually refers to a number of credits resulting from the Energy Policy Act of 2005. Read more.

Howard A Cooper
(202) 508-4000
701 Eighth Street NW
Washington, DC
Specialties
Energy, Tax, Government
Education
Georgetown University Law Center,University of Virginia School of Law,University of North Carolina,
State Licensing
DC

James M. Bushee
(512) 721-2700
1275 Pennsylvania Ave Nw
Washington, DC
 
Stephanie S. Lim
(202) 637-2200
555 11TH ST NW STE 1000
WASHINGTON, DC
Specialties
Energy, Project Finance
Education
Amherst College,Duke University,Duke University
State Licensing
DC

Daniel F Collins
(202) 662-4586
801 PENNSYLVANIA AVE NW
WASHINGTON, DC
Specialties
Energy, Corporate
Education
American University, Washington College of Law,Hofstra University
State Licensing
DC

James C Beh
(202) 879-3430
401 9TH ST NW STE 1000
WASHINGTON, DC
 
John S Decker
(202) 639-6599
1455 Pennsylvania Ave Nw
Washington, DC
Specialties
Energy, Commercial, Tax
State Licensing
DC

Sharon L Tasman
(202) 637-6867
1001 PENNSYLVANIA AVE NW OFFICE BLDG
WASHINGTON, DC
Specialties
Intellectual Property, Life Science & Biotech, Education, Energy
Education
University of Maryland School of Law,University of Maryland, College Park
State Licensing
DC, Maryland, Virginia

David Y Chung
(202) 662-0338
801 PENNSYLVANIA AVE NW
WASHINGTON, DC
Specialties
Litigation, Energy, Arbitration, Lawsuits & Disputes
Education
George Washington University National Law Center,University of Texas System, Austin
State Licensing
DC

Rayburn D Hanzlik
1317 F ST NW STE 350
WASHINGTON, DC
Specialties
Administrative Law, Energy, Commercial, Corporate
Education
The Principia College,University of Virginia,University of Virginia
State Licensing
DC

Lewis S Wiener
(202) 383-0140
1275 PENNSYLVANIA AVE NW OFFICE BLDG
WASHINGTON, DC
Specialties
Litigation, Financial Markets And Services, Class Action, Construction, Energy
Education
American University, Washington College of Law,State University of New York, Albany
State Licensing
DC

Tax Credit Consulting: Energy Star Tax Credit

Energy Star Tax Credit

It must be noted that not all Energy Star Homes are eligible for a tax credit. The Energy Star Tax Credit actually refers to a number of credits resulting from the Energy Policy Act of 2005.

Energy Star Tax Credit

The Energy Policy Act of 2005 established several tax credits for environmentally sound products. Energy Star is a joint program of the United States Environmental Protection Agency and the United States Department of Energy. Basically, the Energy Star Program is a rated service that determines the energy efficiency and environmental soundness of various products used in a home or business. Items that meet the Energy Star criteria are clearly labeled and rated for the benefit of consumers.

The Energy Policy Act that established a credit of up to $500 a year is closely related to the Energy Star Program in that many Energy Star products would qualify for the credit. The credit is for products used in home improvement and covers such items as energy efficient windows and improved insulation. The use of Energy Star labeled appliances would usually qualify under this credit. This has led to the use of the term Energy Star Tax Credit.

The Energy Policy Act goes beyond just this homeowner improvement credit. It also covers such diverse items as hybrid automobiles and solar heating systems. The best place to find information on the tax credits available would be the IRS information on the benefits of the Energy Policy Act rather than under the Energy Star information. The tax credits are currently available for the tax years of 2006 and 2007.

The whole idea of tax credits for environmentally sound and energy efficient products is an example of the use of the tax codes to encourage activities that are good for the society as a whole. In this case, they are encouraging activities that are good for the tax payer on a more personal basis. Most Energy Star products will produce a great savings in the cost of energy for the ind...

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