The residential energy efficiency tax credit (Internal Revenue Code Section 25C) has proved to be a popular and successful policy tool. NRCA and many in the business community view it as a jobs creator and market-mover for energy-efficient home technology and materials.
NRCA and other business groups contend the tax relief provided by the 25C credit helps spur greater levels of consumer activity. Simply put, providing homeowners with incentives for replacing their current roofing materials with more energy-efficient technology will result in more jobs in the roofing industry.
Originally enacted as part of broad-based energy legislation in 2005, the credit initially was written as a $500 lifetime tax incentive for homeowners' purchases of new, energy-efficient items such as qualifying energy-efficient doors, windows, hot water heaters and some roofing materials (asphalt and metal roofing products with certain pigmented coating or reflective granules).