If you participated in DTE Energy’s Energy Efficiency Rebate Program in 2012, you may be eligible for a tax credit.

Legislation was enacted on January 2, 2013, to provide a tax credit for homeowners (principal residence) who install energy efficiency improvements to the building envelope of their homes and for the purchase of high efficiency heating, cooling and water heating equipment.

The American Taxpayer Relief Act of 2012 was retroactively renewed with an effective date of January 1, 2012 - December 31, 2013.

Some of the tax incentives include, but are not limited to, Building Envelope Improvements and High Efficiency Heating, Cooling and Water Heating Equipment upgrades.

The maximum energy tax credit for all improvements made is $500. This lifetime cap also includes any improvements made prior to 2012. If a taxpayer claimed $500 or more for tax credits in any year prior to 2012 – the taxpayer is ineligible for any additional tax credit.

For full details, familiarize yourself with the American Taxpayer Relief Act of 2012 and work with your tax professional to see if you are eligible.