These costs typically include:
- The purchase price of the panelboard, subpanelboard, branch circuits, or feeders.
- Labor costs for onsite preparation, assembly, or installation. For example, upgrading your electrical panel to handle the load of a new heat pump or EV charger.
- Necessary wiring and related materials directly used in the installation.
To qualify:
- The enabling property must be installed in your principal residence in the United States.
- It must be placed in service along with other qualified energy efficiency improvements or qualified energy property.
- The panelboard or subpanelboard must have a load capacity of 200 amps or more and be installed according to the National Electric Code.
- The manufacturer must be registered with the IRS as a qualified manufacturer.
What if I received a subsidy?