Nationally, taxpayers claimed upwards of $6 billion in residential clean energy credits for investments including solar electricity generation, solar water heating and battery storage. The Residential Clean Energy Credit is available for primary residents of a home that install new clean energy property from 2022 through 2032, including solar electric panels, wind turbines, solar water heaters, geothermal heat pumps and fuel cells or battery storage technology.

Taxpayers claimed another $2 billion for energy efficient home improvements, including insulation, windows and doors, heat pumps and efficient air conditioners. Taxpayers can qualify for home efficiency tax credits if they make certain improvements to their homes (primary residences only) between Jan. 1, 2023 and Jan. 1, 2033, according to the IRS.

Funding for the tax credits came from the 2022 Inflation Reduction Act.

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Boosting home energy efficiency nets Tennesseans $64M in tax credits