How to Claim the Residential Energy Efficiency Property Credit in Fort Worth in 2020

When it comes to energy-efficient HVAC installation in Fort Worth, there’s fantastic news for homeowners this tax period.

The Residential Energy Efficient Property Credit has been lengthened through 2020. This could entitle you to incentives for energy-efficient home improvements, like updated heating and cooling equipment, water heaters and heat pumps.

What Are the Eligibility Requirements?

To become eligible for the reduction, the home must be the taxpayer’s main residence in the United States. The improvement should last for at least five years, with the original use starting with the taxpayer.

What Varieties of Changes are Regarded as High-Efficiency Renovations?

Usually, this tax incentive corresponds with 10% of the price of the following energy-saving enhancements that achieve specific ENERGY STAR® requirements:

  • Advanced main air-circulating fans
  • Energy-efficient gas, propane or oil furnaces
  • Energy-efficient gas, propane or oil hot water boilers
  • Energy-efficient heat pumps
  • Energy-efficient water heaters
  • Energy-efficient central air conditioners
  • Insulation
  • Energy-efficient metal and asphalt roofing
  • Qualified exterior storm windows, skylights and storm doors
  • Solar/geothermal energy equipment, like solar electricity, solar water heaters and geothermal heat pumps

How Much Can I Claim?

Yes, there’s a lifetime restriction of $500 per home. This means if you have taken this reduction in previous years, you should reduce any credit you already claimed.

If you have claimed the maximum amount, you won’t qualify for any extra reductions under this expansion.

Credit Maximums for Certain Units

Incentives have a limit for a couple of participating solutions:


  • Windows and skylights—$200
  • Advanced main air circulation—$50
  • Hot water boilers—$150
  • Energy-efficient systems—$300

If you have questions about how you can benefit from the extension of the residential energy efficient property tax credit, download Form 5695 or contact your tax advisor for assistance.

Upgrade Your Heating and Cooling Equipment Today

Been putting off installing new heating and cooling units? Talk with the Experts at 817-380-5647 or contact us online. We can help you select an energy-efficient system you can reap tax benefits during the upcoming year.

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