Energy Cost and Tax Relief Act

Energy Cost and Tax Relief Act- Amends the Internal Code to provide, for an individual, tax credits equal to 50 percent of: (1) the expenditures (up to a limit of $2,500 annually for each dwelling unit) for qualified energy conservation property during a year; and (2) the expenditures (up to a limit of $2,500 annually) for the purchase of any qualified appliance.