Income Tax Deduction for Energy-Efficient Products (Virginia)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Virginia

Name Income Tax Deduction for Energy-Efficient Products
Incentive Type Personal Deduction
Applicable Sector Residential
Eligible Technologies Clothes Washers/Dryers, Dishwasher, Refrigerators, Water Heaters, Furnaces, Boilers, Heat pumps, Central Air conditioners, Programmable Thermostats, Fuel Cells
Active Incentive Yes

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount 20% of the sales tax paid by an individual






Equipment Requirements Must meet federal Energy Star efficiency requirements
Start Date 2007-03-23







Maximum Incentive Not to exceed 500










Program Administrator Virginia Department of Taxation

Date added to DSIRE 2010-09-28
Last DSIRE Review 2014-11-07



References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

Taxpayers in Virginia may deduct from their taxable personal income an amount equal to 20% of the sales taxes paid for certain energy efficient equipment. The incentive is capped at $500. This incentive is available for the following equipment types:


  • ENERGY STAR clothes washers
  • ENERGY STAR room air conditioners
  • ENERGY STAR dishwashers
  • ENERGY STAR standard size refrigerators
  • Any fuel cell that generates electricity using an electrochemical process, has an electricity-only generation efficiency greater than 35 percent, and has a generating capacity of at least two kilowatts
  • Any gas heat pump that has a coefficient of performance of at least 1.25 for heating and at least 0.70 for cooling
  • Any electric heat pump hot water heater that yields an energy factor of at least 1.7
  • Any electric heat pump that has a heating system performance factor of at least 8.0 and a cooling seasonal energy efficiency ratio of at least 13.0
  • Any central air conditioner that has a cooling seasonal energy efficiency ratio of at least 13.5
  • Any advanced gas or oil water heater that has an energy factor of at least 0.65
  • Any advanced oil-fired boiler with a minimum annual fuel-utilization rating of 85
  • Any advanced oil-fired furnace with a minimum annual fuel-utilization rating of 85
  • Programmable thermostats

Note: Certain EPA "Watersense" products may also qualify.


Incentive Contact

Contact Name Taxpayer Assistance - Virginia
Department Virginia Department of Taxation

Address PO Box 1880

Place Richmond, Virginia
Zip/Postal Code 23218-1880
Phone (804) 367-8031


Email tax-busqtns@state.va.us
Website http://www.tax.virginia.gov/
     
     

Authorities (Please contact the if there are any file problems.)

Authority 1: Va. Code § 58.1-322 (D-12)
Date Effective 2007-03-23
Date Enacted 2007-03-23



















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency"