• There is no maximum credit for systems placed in service after 2008. The maximum credit is $2,000 for systems placed in service before January 1, 2009.  
   
• Systems must be placed in service from January 1, 2006, through December 31, 2016.  
   
• Equipment must be certified for performance by the Solar Rating Certification Corporation (SRCC) or a comparable entity endorsed by the government of the state in which the property is installed.  
   
• At least half the energy used to heat the dwelling's water must be from solar in order for the solar water-heating property expenditures to be eligible.  
   
• The tax credit does not apply to solar water-heating property for swimming pools or hot tubs.  
   
• The home served by the system does not have to be the taxpayer’s principal residence.

The 2008 IRS Residential Energy Efficient Property Credit Form also know as Form 5695 may be downloaded here. You will need Acrobat Adobe Reader to open and print this form. If you do not have Acrobat Adobe Reader (a free download) must be installed on your computer, please visit the Adobe Website by clicking on the Adobe Logo below. The Adobe Acrobat Reader Download Center will then open in another window. After installing Adobe Reader you may then Download, Fill Out Online, and Print IRS form 5695. This form may then be attached to your IRS form 1040 or 1040NR.