Gaps and Barriers to Stacking Federal, State, and Local Incentives

• A gap analysis identifying the gaps in participants served and the measures available for single-family households in addition to the complexities in accessing and stacking incentives. [...] • Public Utility Incentives — Generally, if a public utility provides a subsidy to a customer for the purchase or installation of any energy conservation measure, the taxpayer must claim the cost of the qualifying purchase minus the utility subsidy on the tax form. [...] In general, rebates are nontaxable purchase price reductions if they are based on or related to the cost of the property, received from someone having a reasonable connection to the sale of the property (for example, the manufacturer, distributor, or seller/installer), and do not represent payment or compensation for services provided by the taxpayer. [...] The analysis details the order of applying to incentives, the process for application, assumptions, and the estimated cost of the upgrade post-incentives.v Gap Analysis Key Gaps in Funding Using the stacking examples exercise, the gaps in incentives for individuals were identified. [...] Finally, the stacking analysis compared the cost of a clean energy retrofit to a fossil fuel retrofit.vi For low- and middle-income residents, the analysis finds the clean energy retrofits are more affordable once incentives are vi The clean energy retrofit includes an air source heat pump, heat pump water heater, induction stove, health and safety measures, and envelope upgrades.