§45L CREDIT OKLAHOMA
The §45L Energy Efficient Home Credit provides a per-unit tax credit to builders of qualifying energy-efficient single-family and multifamily homes. This incentive has been available since 2006 to encourage the construction of homes that meet specific energy-saving standards. Starting January 1, 2023, stricter energy efficiency requirements apply, with higher credit amounts available for units meeting those updated criteria. To be eligible, homes must be certified and sold or leased for use as a residence by June 30, 2026.
§45L CREDIT REQUIREMENTS
Single Family Homes Benefits and Requirements
- $2,500 tax credit for single family homes certified as ENERGY STAR Single Family New Homes Program Version 3.1. (For homes constructed before January 1, 2025 and Version 3.2 thereafter).
- $5,000 tax credit for single family homes certified as DOE Zero Energy Ready Home (ZERH).
Manufactured Homes Benefits and Requirements
- $2,500 tax credit for manufactured homes certified as ENERGY STAR Manufactured Home National Program requirements.
- $5,000 tax credit for manufactured homes certified as DOE Zero Energy Ready Home (ZERH).
Multifamily Homes Benefits and Requirements
- $500 tax credit for multifamily homes constructed after 2020 and certified as ENERGY STAR Single Family New Homes Program. When constructed with prevailing wages, the credit increases to $2,500.
- $1,000 tax credit for multifamily homes certified as DOE Zero Energy Ready Home. When constructed with prevailing wages, the credit increases to $5,000.
» §45L Credit Summary
» §45L Credit for 2022 and Prior
» §45L Credit Extended by The Inflation Reduction Act
HELPING Oklahoma WITH §45L CREDITS
ICS Tax can perform free assessments to pre-qualify the residences, coordinate with your tax preparer to claim the credit, and provide the certifications of compliance. Our §45L Credit team includes HERS raters and tax professionals who will perform free assessments to prequalify your Oklahoma homes. Our complete study includes energy models, certificates, and audit support.