Fiscal cliff deal extends energy-efficiency tax credits

Washington’s deal on the so-called “fiscal cliff” includes the extension of tax credits for energy-efficient improvements to existing homes, and updates eligible property.

January 16, 2013

Washington’s deal on the so-called “fiscal cliff” includes the extension of tax credits for energy-efficient improvements to existing homes, and updates eligible property. The deal also continues tax credits for the construction of energy-efficient new homes that achieve a 30 or 50 percent reduction in heating and cooling energy consumption relative to a comparable home constructed under standards in effect for 2003.

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