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What is a qualified fuel cell property

While residential fuel cells are as expensive as they are energy efficient, a federal tax credit could entice more home owners to give the green technology a try. To figure the credit, the maximum qualifying costs that can be taken into account by all occupants for qualified fuel cell property costs is $1, In the case of any qualified fuel cell property expenditure, the credit allowed under subsection (a) (determined without regard to subsection (c)) for any taxable.

Not all energy-efficient improvements qualify. The manufacturer's tax credit certification statement can usually be found on the manufacturer's. A detailed description of property that may qualify for a credit is here: Federal Tax The credit amount for costs paid for qualified fuel cell property is limited to. optic solar equipment, thermal energy property, qualified fuel cell property, qualified microturbine property, combined heat and power system.

Qualified fuel cell motor vehicles: − Base credits: Stoves burning biomass fuel to heat a dwelling or water 30% of qualified fuel cell property expenditures. 3 days ago Homeowners may qualify for a federal tax credit for making and fuel cell property are examples of equipment eligible for the tax credit. It offers an investment tax credit of 30% for qualified fuel cell property or $3,/ kW of the fuel cell nameplate capacity (i.e., expected system output), whichever is . The Energy Policy Act of , P.L. , amended Sec. 48 to include qualified fuel cell property and qualified microturbine property on the list of property that.

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