Utilize the Inflation Reduction Act to cut costs! A federal tax rebate can be applied for home owners looking to improve their home energy efficiency. Not only can you improve the safety and quality of your home, reduce energy bills, be more environmentally friendly, but also catch a break when you go to file taxes!
Watch this video below to explain how the tax credits apply:
At your primary residence, the IRS allows you to deduct 30% of material costs or up to $1,200.00 a year to increase energy efficient production.
- Subsidize Material Costs -
- Reduce Energy Bills -
- Increase Property Value -
- Improve Structural Integrity -
- Environmentally Friendly -
- Damage Resistant -
Use these IRS instructions to reduce insulation costs and how to fill out Tax Form 5695.
If you have any questions, feel free to ask!
If you'd like any advice, we'd love to explain how everything about this product acts in your interest. The math is simple: use Green Advantage to help get you along the way!
The Department of Energy is a great resource to find other information about savings!
Here are some more ways to improve your energy efficiency and invest in your home.