Existing Home Energy Efficiency Tax Credits Available:
At the conclusion of the 113th Congress, The Tax Increase Prevention Act of 2014 was passed. This Act creates a retroactive opportunity for homeowners who upgraded their insulation in 2014 to take a federal tax credit on their 2015 returns. The credit is up to 10% of the cost of the insulation with a maximum lifetime credit of $500.
The American Tax Payer Relief Act of 2012 (Title IV "Energy Tax Extenders") did NOT extend the IRS Section 25c tax credit for energy efficient retrofits to existing homes beyond 2013.
There are many additional financial incentives for making your home more energy-efficient including local rebates, grants and loans. Check out the following resources for more information on programs available in your state:
To help you determine how much insulation you will need or need to add, visit our insulation calculator
which provides the current minimum International Energy Conservation Code (IECC) levels.
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