Tax Credits & Rebates
Michigan Tax Credits:
- Michigan Energy Efficiency / Renewable Energy Tax Credit Legislation
- Tax credit eligibility: single earner cap: $37,500, husband & wife joint earners: $75,000
Single earner tax credit:
- $75.00 or 10% of amount paid for the following improvements: insulation, furnaces, water heaters, windows, refrigerators/clothes washers/dishwashers
- Husband & wife joint earners: $150.00 or 10% for same improvements.
Federal Tax Credits:
- Emergency Economic Stabilization Act of 2008:
- Federal Tax Credits for energy efficiency includes:
- Tax credits for consumers
- Home improvements
- Cars
- Solar energy systems
- Small wind energy systems
- Fuel cells
- Tax credits for home builders
- Tax deductions for commercial buildings
