A bill to amend the Internal Revenue Code of 1954 to provide a refundable income tax credit for insulation and other energy-saving property installed on an individual's principal residence.

Amends the Internal Revenue Code to allow individuals an income tax credit for a portion of the expenses incurred for the residential installations of insulation, solar and other renewable energy equipment, heating improvements and energy-conserving components between April 20, 1977, and January 1, 1986.