You can exclude from gross income any subsidy provided, either directly or indirectly, by public utilities for the purchase or installation of an energy conservation measure for a dwelling unit. This includes installations or modifications that are primarily designed to reduce consumption of electricity or natural gas, or improve the management of energy demand.
Funding Entity:
US Internal Revenue Service
Source:
Federal
Category:
Tax Exemption
Eligible Project Type:
New Construction
Rehabilitation
Amount:
100% of subsidy.
Compatibility with other opportunities:
To be used in conjunction with subsidies from public utilities.
Purpose of Funds:
Other
Last Updated:
09/15/2023