Home Energy Savings Act

United States117th CongressHR-3395House of Representatives
Updated: May 20, 2021

Summary

Home Energy Savings Act This bill reinstates and extends through 2028 the tax credit for nonbusiness energy property. It increases the rate of such credit from 10% to 15% and raises the lifetime cap on such credit from $500 to $1,200. The bill increases credit amounts for the investment in energy efficient building property (e.g., electric heat pump water heater, electric heat pump, central air conditioner, or natural gas, propane, or oil water heater) and provides for increased caps on investment in doors and windows in a residence.

Bill texts

Available versions
Introduced (House)View official text

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Timeline

Latest companion bill action

S-1753: Home Energy Savings Act

Introduced in Senate

  1. Introduced in House

  2. Referred to the House Committee on Ways and Means.

    House of Representatives

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