An income tax credit of either 10 or 20 percent would be available for the purchase of certain types of highly energy-efficient building equipment. This would be a non-refundable tax credit and subject to the dollar caps as stated below.
Electric heat pumps, central air conditioners and advanced natural gas water heaters.
Note that these various types of equipment have to meet certain specifications to qualify for the credit. Note that as above these various types of equipment have to meet certain specifications to qualify for the credit. These credits would be available for all qualifying light vehicles e.g. cars, minivans, etc. Taxpayers would not be able to claim both of the above credits for the same vehicle. To qualify as a CHP system eligible for this credit various other technical specifications and performance standards have to be met, relating to energy efficiency standards for example.