HB190 Summary

• Creates nonrefundable Alabama income tax credits for installation of energy efficiency equipment in primary residences (maximum $500 per taxpayer) and commercial property (maximum $1,000 per taxpayer) for tax years beginning after December 31, 2008 and before January 1, 2016.

• Provides 30% tax credits on actual installed costs for residential properties including active/passive solar space-heating systems, solar water-heating systems, qualified energy property (heat pumps, furnaces, air conditioners), insulation upgrades, and energy-efficient lighting with programmable thermostats.

• Provides 30% tax credits on actual installed costs for commercial properties including energy-efficient lighting systems, heating/cooling/ventilation equipment, solar water-heating systems, and demand response technology.

• Defines "installed cost" as purchase cost and labor costs for on-site preparation, assembly, and installation, excluding discounts, rebates, sales tax, and similar reductions.

• Establishes certification requirements for solar installers and specifies federal standards (26 U.S.C. sections 25C and 179D as of December 31, 2007) for qualifying equipment.