If you are interested in qualifying for an energy tax credit up to $2000, we can help. We are a RESNET certified Energy Rater in Columbus Ohio and serving the central Ohio area.
The IRS rules that the homes must be calculated to exceed the performance through a calculation procedure adopted by RESNET and inspected by a person certified by a RESNET accredited provider.. RESNET has amended the procedures to incorporate the normalized modified loads calculation of energy use and has published the revised document RESNET Publication No. 06-001. The IRS is in the process of modifying the Notice 2006-27 to refer to the RESNET Publication No. 06-001.
The IRS has provided additional guidance to RESNET on the certification of homes for the new federal tax credit. It has defined that it is the rater that is responsible for signing the required declaration to the IRS on the home’s qualification for the tax credit. An additional requirement has been added that the rater or the rater’s company must have professional liability insurance coverage in the amount of at least $500,000. The rater will have to provide a signed statement to RESNET declaring this coverage. This statement also includes language that states the rater’s or rater company’s awareness that falsifying the certification of a home for the tax credit can lead to sanctions up to and including the loss of the ability to certify homes for the tax credit in the future.
