David M.Green Bookkeeping and Tax Service -
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Going Green

Unless Congress extends existing tax credits for residential energy efficiency, 2013 is your last chance to claim up to $500 in green energy credits.

"Insulation, energy efficient windows and doors, high efficiency air conditioner and heaters — we still have credits for those."

Still, the cap is small at just $500, and it's not applicable if you claimed it previously since the credit was passed in 2011.

A separate and more substantial credit is available for solar energy installations, so long as they are on your primary residence and not a rental property.

"The credit is for 30% of the cost, including installation, including wiring, including everything."

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