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Level 1
posted Jan 25, 2025 2:43:52 PM

Form 5695 - what costs qualify as "certain" improvements/replacements?

The IRS instructions for form 5695, “Section B for Residential Energy Property Expenditures” say “Residential energy property costs are costs of new qualified energy property … Qualified energy property is any of the following: … Certain improvements or replacements of panelboards, subpanelboards, branch circuits, or feeders.”  How do I find out what improvements or replacements are covered by the word “certain”?   

 

I added or upgraded (replaced) all of those things in 2024 to accommodate a standby lp-powered generator.    

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1 Replies
Expert Alumni
Jan 26, 2025 11:28:18 AM

Please see the link below for Improvements that qualify for the Energy Tax Credit

 

2024 - 2025 Energy Tax Credit: Which Home Improvements Qualify?

 

You can also visit the Energy Star website to see which appliances, equipment, or materials qualify for the credit. 
 

Energy Star