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
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 |