This credit is available to builders of qualified new energy efficient homes
Who is this tax credit for?
This credit is available to builders of qualified new energy efficient homes
How does the credit work?
45L Builder New Energy Efficient Home Tax Credit
ENERGY STAR
ENERGY STAR
meeting prevailing wage requirements
DOE Zero Energy Home Standard
DOE Zero Energy Home Standard
Meeting prevailing wage requirements
Single Family
$2,500
$2,500
$5,000
$5,000
Manufactured Housing
$2,500
$2,500
$5,000
$5,000
Multi Family
$500
$2,500
$1,000
$5,000
Qualifying homes must meet ENERGY STAR 3.1 prior to 2025. Beginning January 1, 2025, qualifying homes must meet ENERGY STAR 3.2
Manufactured homes must meet Energy Star Manufactured Home National program requirements as in effect on the latter of January 1, 2023, or January 1 of two calendar years prior to credit claim
What are the insulation requirements for single family homes qualifying for the 45L tax credit?
Present – December 31, 2024
January 1, 2025 – December 31, 2032
ENERGY STAR
ENERGY STAR Version 3.1
Insulation levels modeled to 2012 IECC/Mandatory 2009 IECC insulation levels
Grade I installation
Infiltration rates modeled at: 4 ACH50 in CZs 1,2 / 3 ACH50 in CZs 3-8
Section 45L New Energy Efficient Home Credit for multi-family housing must meet prevailing wage to qualify for elevated credit amount.
To meet the prevailing wage requirement laborers and mechanics employed by the taxpayer must be paid wages at rates not less than the prevailing rates for construction or alteration of a similar character in the locality where the facility is located as most recently determined by the Secretary of Labor.
NAIMA is the association for North American manufacturers of fiber glass, rock wool, and slag wool insulation products. Its role is to promote energy efficiency and environmental preservation through the use of fiber glass, rock wool, and slag wool insulation, and to encourage the safe production and use of these materials. Through the Insulation Institute™, we leverage the collective insulation expertise of our organization and our members to empower homeowners and professionals to make informed insulation choices. Our mission is to enable a more comfortable, energy-efficient and sustainable future through insulation — and we are constantly working with building professionals, homeowners, government agencies, and public interest, energy and environmental groups to realize that vision.