Eligible Renewable/Other:Wind Turbines
Applicable Sectors:Residential
Amount:30%
Maximum Incentive:Wind turbines placed in service after 2008: no maximum
Carryover Provisions:Excess credit may be carried forward to succeeding tax year
Eligible System Size:Fuel cells: 0.5 kW minimum
Authority 1:26 USC § 25D
Date Enacted:8/8/2005 (subsequently amended)
Date Effective:1/1/2006
Expiration Date:12/31/2016
Authority 2:IRS Form 5695 & Instructions: Residential Energy Credits

Small wind-energy property

  • There is no maximum credit for systems placed in service after 2008. The maximum credit is $500 per half kilowatt, not to exceed $4,000, for systems placed in service in 2008.
  • Systems must be placed in service on or after January 1, 2008, and on or before December 31, 2016.
  • The home served by the system does not have to be the taxpayer's principal residence.

Skystream parts