This bill establishes a tax credit to encourage the installation of combined heat and power systems, which can improve energy efficiency and reduce costs for users.
If you install a combined heat and power system, you could save 10% on your taxes for that investment.
Who this affects
Homeowners · Businesses
What changes is this bill making?
1This bill creates a tax credit for combined heat and power systems.
2Taxpayers can receive a 10% credit for qualifying energy systems they install.
3The bill offers additional credits for projects in energy communities.
4It encourages the use of domestic materials in energy projects.
5The Secretary of the Treasury will provide guidelines for this credit.
