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Funny Tee Cartoon Shirt Home About CF-01 Home Builders In Omaha | Best Home Builders In Omaha Ne Subscribe PostsComment New Home Builders Loudoun County Va | New Home Builders Loudoun County Virginia 02 July 2011 | Uncategorized New Home Builders Loudoun County Va Energy Credits New Home Builders Must Know About By Jill Philips An energy credit is a tax credit – a payment made on the taxes you owe. A tax credit offers you a larger impact on your tax liability than a deduction because it is deducted from the tax money that is owed as opposed to deducting the money from the total liability. Home builders across the United States are eligible for a $2,000 tax credit per sold home. These credits will be doled out using the guidelines set up by the Department of Energy’s Energy Star standards for builders that can meet the standards. Site Built Homes New homes have to be energy efficient homes that exceed the Energy Star standards set by the new Department of Energy for energy efficiency. The Energy Star standards are a set of guidelines that were implemented in 2004 as part of an incentive to reduce energy consumption. Site built homes are eligible to receive the credit as are manufactured homes (see below). For homes that are site built they must be built in the United States and have energy efficiency ratings of at least 50% over the guidelines that are set forth in the 2004 Energy Star Regulations. Only homes that have been built after 2005 are eligible for the tax credit. At least one fifth of the energy savings must be derived from