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๐ฑ๐ก Energy-Efficient Home Credit โ Major Change Under OBBBA ๐ก๐ฑ
๐ฑ๐ก Energy-Efficient Home Credit โ Major Change Under OBBBA ๐ก๐ฑ
Before OBBBA:
Under IRC ยง25C, homeowners could claim a credit equal to 30% of expenditures on qualified energy-efficient home improvements for property placed in service through December 31, 2032.
After OBBBA (recently enacted):
The credit is now set to terminate for property placed in service after December 31, 2025.
๐ Impact: This significantly shortens the window for claiming the credit โ homeowners and contractors should act quickly to complete projects before year-end 2025.
If youโve been planning insulation, window upgrades, heat pumps, or other efficiency improvements, nowโs the time to move.
#TaxCredits #EnergyEfficiency #OBBBA #HomeImprovement #Sustainability #TaxPlanning