Taxpayers claim $8B in clean energy credits for 2023

Taxpayers have claimed more than $8 billion in credits for residential clean energy investments and energy-efficient home improvements on 2023 returns through last May 23, according to statistics from the Treasury and the Internal Revenue Service.

The 1,246,440 returns for last year that claimed the Residential Clean Energy Credit accounted for $6.3 billion in credits, averaging $5,084 per return.

The 2,338,430 returns that claimed the Energy Efficient Home Improvement Credit — for features such as heat pumps, efficient air conditioners, insulation, windows and doors — accounted for $2.1 billion, averaging $882 per return.

The credits were enacted as part of the Inflation Reduction Act.

Total 

Number of returns

Credit value
Total Residential Clean Energy Credit

1,246,440

NA
     Rooftop solar

752,300

Up to 30% of cost
     Batteries

48,840

Up to 30% of cost

Energy Efficient Home Improvement Credit

2,338,430

 NA
     Home insulation

669,440

Up to 30% of cost​
     Windows and skylights

694,450

Up to 30% of cost or $600​
     Central air conditioners

488,050

Up to 30% of cost or $600​
     Doors

400,070

Up to 30% of cost, $250 per door, or $500 total​
     Heat pumps

267,780

Up to 30% of cost or $2,000
     Heat pump water heaters

104,180

Up to 30% of cost or $2,000
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