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From Open Energy Information

Energy Efficiency Tax Credits (Personal) (Kentucky)
Incentive/Active true  +
Incentive/Amt 30% of installed cost  +
Incentive/ApplDsc Installer/Contractor  + , Multi-Family Residential  + , Residential  +
Incentive/Auth2Code H.B. 240  +
Incentive/Auth2DtEnact 2010-02-25  +
Incentive/Auth2Link http://www.lrc.ky.gov/record/10RS/HB240/bill.doc  +
Incentive/AuthCode KRS § 141.435 et seq.  +
Incentive/AuthDtEff 2009-01-01  +
Incentive/AuthExpireDt 2015-12-31  +
Incentive/AuthLink http://www.lrc.state.ky.us/KRS/141-00/CHAPTER.HTM  +
Incentive/CarOvProv May be carried forward for one year  +
Incentive/ContAddr 501 High Street  +
Incentive/ContDept Kentucky Department of Revenue  +
Incentive/ContName Taxpayer Services  +
Incentive/ContPhone (502) 564-4581  +
Incentive/ContPlace Frankfort, Kentucky  +
Incentive/ContWebsite http://revenue.ky.gov/  +
Incentive/ContZip 40620  +
Incentive/EnergyCat Energy Efficiency Incentive Programs  +
Incentive/EquipReqs Attic Insulation: R-38 or higher<br /&g
Attic Insulation: R-38 or higher<br /> Exterior Wall, Crawl Space, Basement Exterior Wall Insulation: R-13 or higher<br /> Floor Insulation: R-19 or higher<br /> Electric Heat Pump Water Heater: Must yield an energy factor of at least 2.0 in the standard DOE test procedure<br /> Split Central Air Conditioning System: SEER of 15, EER of 12.5<br /> Packaged Central Air Conditioning Systems: SEER of 14, EER of 12<br /> Natural Gas, Propane or Oil Water Heater: Energy factor of .80 or higher<br /> Natural Gas, Propane or Oil Furnace or Hot Water Boiler: Annual fuel utilization efficiency rate of at least 95
utilization efficiency rate of at least 95  +
Incentive/ExpireDt December 31, 2015  +
Incentive/ExpireDtString 2015-12-31  +
Incentive/ImplSector State/Territory  +
Incentive/MaxInc $500 maximum for all improvements. Technol
$500 maximum for all improvements. Technology caps are as follows: Insulation: $100; Windows and Storm Doors, Water Heater, Heat Pump, Air Conditioner, Advanced Main Air Circulating Fan: $250/unit<br />$500 maximum for all improvements. Technology caps are as follows: Insulation: $100; Windows and Storm Doors, Water Heater, Heat Pump, Air Conditioner, Advanced Main Air Circulating Fan: $250/unit<br />
Air Circulating Fan: $250/unit<br />  +
Incentive/Name Energy Efficiency Tax Credits (Personal)  +
Incentive/ProgAdmin Kentucky Department of Revenue  +
Incentive/StartDate January 1, 2009  +
Incentive/StartDateString 2009-01-01  +
Incentive/Summary In April 2008, Kentucky enacted legislatio
In April 2008, Kentucky enacted legislation allowing a 30% state income tax credit for taxpayers who install certain energy efficiency measures on their principal residence or residential rental property.* These energy efficiency measures include: <ul><li>Qualified Energy Property Installation:** Water Heaters, Heat Pumps, Central Air Conditioners, Hot Water Boilers, Advanced Main Air Circulating Fans <li>Weatherization Measures: Windows and Storm Doors, Added Insulation</ul> The tax credit may not exceed $100 for insulation, and $250 for qualified energy property, windows and storm doors. The total tax credit may not exceed $500 for any combination of qualified energy property and weatherization measures. Kentucky also allows an $800 tax credit for taxpayers who build a new Energy Star home for use as a principal residence, but this credit may not be taken in addition to the energy efficiency tax credits describe in this summary. See [http://revenue.ky.gov/nr/rdonlyres/e2dafc0b-4f18-4d76-91f8-c6766a3843ee/0/2009energyefficiencycredits.pdf guidance] issued by the Kentucky Department of Revenue for additional information. In addition, Kentucky allows a 30% state income tax credit for taxpayers that install certain energy efficiency measures on commercial property (click [http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=KY30F&re=1&ee=1 here] for more information). These credits may be applied during taxable years 2009-2015. To claim the tax credit, use [http://revenue.ky.gov/NR/rdonlyres/48AE6EE9-F239-452C-8FAF-CE6A594C96B2/0/11_41A720S75695K10110002corp_FINAL.pdf Form 5695-K - Kentucky Energy Efficiency Products Tax Credit - Form 41A720-S7] available on the Kentucky Department of Revenue website. ''* "Qualified Energy Property" must meet the [http://www.irs.gov/pub/irs-drop/n-06-26.pdf efficiency guidelines] specified in the federal tax credit for residential energy property.''
credit for residential energy property.''  +
Incentive/TechDsc Building Insulation + , Central Air conditioners + , Doors + , Heat pumps + , Lighting + , Water Heaters + , Windows + , Boilers + , Furnaces +
Incentive/Type Personal Tax Credit +
OpenEI/PageDescription Energy Efficiency Tax Credits (Personal): energy incentive program.  +
OpenEI/PageKeyword Energy Incentives  + , Kentucky  + , Personal Tax Credit  + , Kentucky Department of Revenue  +
Place Kentucky: Energy Resources +
Categories Financial Incentive Programs , Incentive with Contacts , Incentive with Authorities
Modification date
"Modification date" is a predefined property that corresponds to the date of the last modification of a subject and is provided by Semantic MediaWiki.
19:32:43, 12 February 2015  +
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