Federal - Internal Revenue Service - Residential Energy Conservation Subsidy Exclusion
Applicable Sectors: Multi-Family Residential,
Residential,
According to Section 136 of the IRS Code, energy conservation subsidies provided by public utilities, either directly or indirectly, are nontaxable: "Gross income shall not include the value of any subsidy provided (directly or indirectly) by a public utility to a customer for the purchase or installation of any energy conservation measure."
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