Tax Credits for Builders of Energy Efficient Homes

We're excited to see more builders showing interest in ENERGY STAR certification. Not only do you get the benefits of tax credits, but it's also a great way to make your homes stand out while adding more value for buyers.

As part of the Inflation Reduction Act, the Section 45L Tax Credit for Energy Efficient Homes has been updated and extended through 2032. The base-level tax credit is tied to meeting ENERGY STAR program requirements. The tax credits cover improvements such as installing heat pumps, heat pump water heaters, insulation, doors, windows, electrical panel upgrades, home energy audits, and more. Click here for additional information.

Credits are available for the following eligible homes:

• Single-family new homes: $2,500
• Multifamily homes: $500 or $2,500 when wage requirements are met

Eligible contractors can submit Form 8908 to claim a credit for each energy-efficient home that was sold or leased to another person.

Each newsletter, we would like to take a moment to celebrate one of our builders for the great work they have done. This month, our spotlight will be on Treasure Builders LLC.

Founded in 2003, Treasure Builders are a family-run business that specialize in energy-efficient new home construction in the Rio Grande Valley.

Treasure Builders have been a valuable participant in the AEP Texas High-Performance Homes Program, and have received awards for achieving the highest savings on a single home in the Rio Grande Valley area in the 2021 and 2023 program years.

AEP Texas is proud to have Treasure Builders participating in the High-Performance Program and we value their commitment to building sustainable, long-lasting homes. We are excited to see what will achieve in 2024!

Events

2024 Parade of Homes Schedule

Coastal Bend Home Builders Association

April 19-28, 2024

Learn more here.

Crossroads Builders Association

May 3-5, May 8, May 10-12, 2024

Learn more here.

Rio Grande Valley Builders Association

June 1-2, June 8-9, 2024

Learn more here.

Laredo Builders Association

October 11-13, 2024

Learn more here.

South Texas Builders Show

Edinburg Conference Center at Renaissance

118 Paseo del Prado Ave, Edinburg, TX

May 18, 2024, 8:00am - 5:00pm

This is a one-day event with exhibits from local vendors of construction materials and all types of builder industry services. It also includes instructional seminars and presentations. Admission is free for attendees. If you are interested in being an exhibitor, register here.

Find a Homebuilder Tool

All participating builders are listed along with their websites for our Find a Homebuilder Tool, a website feature that allows customers to search and discover participating homebuilders by their zip codes. Please be sure to send any information updates to your ICF Account Manager.

Questions?

We're here to help. Contact our program support team.

Andrea Palmer

Texas Portfolio Lead

Andrea.Palmer@icf.com

(918) 594-4582

Garrett Dorsey

Senior Account Manager

Garrett.DorseyIII@icf.com

(361) 688-2211