How to Claim the Residential Energy Efficiency Property Credit in Naples in 2020

When it comes to energy-efficient HVAC installation in Naples, there’s good news for homeowners this tax season.

The Residential Energy Efficient Property Credit will now go through 2020. This could make you eligible for reductions for energy-efficient home modifications, like new heating and cooling units, water heaters and heat pumps.

What Makes My Purchase Eligible?

To become eligible for the incentive, the house should be the taxpayer’s main residence in the USA. The improvement must work for a minimum of five years, with the first use originating with the homeowner.

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

Typically, this tax credit corresponds with 10% of the expense of the ensuing energy-saving changes that match 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
  • Qualified metal and asphalt roofing
  • Particular exterior storm windows, skylights and storm doors
  • Solar/geothermal energy solutions, like solar electricity, solar water heaters and geothermal heat pumps

Is There a Maximum Amount I Can Claim?

Yes, there’s a lifetime maximum credit of $500 per home. This means if you have taken this reduction in past years, you are required to lower any credit you previously claimed.

If you’ve already claimed the max amount, you won’t be eligible for any extra incentives under this continuation.

Credit Limits for Specific Items

Credits have a limit for certain participating items:


  • Windows and skylights—$200
  • Advanced main air circulation—$50
  • Hot water boilers—$150
  • Energy-efficient units—$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 System Today

Been procrastinating installing new heating and cooling system? Talk with the Experts at 239-908-6991 or contact us online. We can help you find an energy-efficient system you can reap tax benefits during the upcoming year.

Contact Us