Residential small wind turbines can qualify for a tax credit.
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How much: |
30% of the cost (including installation/labor costs), with no upper limit |
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Timing: |
Tax credit in effect through 2016 Must be installed in a home you own and use as a residence (no rentals, but second homes qualify) between January 1, 2009 and December 31, 2016 |
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Details: |
Wind turbines must have a nameplate capacity of no more than 100 kilowatts |
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How to apply: |
File Tax Form 5695 with your tax return |