The Energy Efficiency Tax Credits are federal tax incentives designed to encourage individuals and businesses like you to invest in energy-efficient equipment and upgrades. The tax credits have been extended and modified several times since they were introduced in 2005, but the current version of them will be available until 2032.
Central Air Conditioning Tax Credit
Are you thinking of updating your air conditioning system to make your home more energy efficient? Well, here’s some good news: starting on January 1st, 2023, the US federal government is giving you a tax credit when you buy and install central air conditioning that meets or exceeds the highest efficiency tier set by the Consortium for Energy Efficiency.
Go ahead and upgrade to a greener unit today. You’ll be doing the environment (and your wallet) a favor.
Insulation Tax Credit
It’s the same as the Central Air Conditioning Tax Credit, except it applies to typical bulk insulation products such as batts, rolls, blow-in fibers, rigid boards, and expanding spray, as well as products designed to seal air leaks.
You can get this credit when you buy our blown-in fiberglass insulation too. Talk to us today so we can make that happen for you.
What’s in it for you?
With these credits, you could save up to $3,200 each year, and make energy-saving changes in your home a more reasonable investment. It’s like extra cash for what you’re already doing – an added bonus.
On top of that, these credits can help reduce the cost of installing improvements such as HVAC systems, insulation, windows, and doors by up to 30%. That’s like adding extra money directly into your pockets after filing taxes – who doesn’t want a piece of that pie?