Spring into Tax Day with Energy-Efficiency Tax Breaks
2-minute read
It’s tax time. Save on energy costs and increase your energy efficiency with these federal tax credits. With federal energy efficiency credits alone, you can claim up to $3,200 this year.
- Home energy audit
Not sure where to start? Claim up to $150 for a home energy audit that can estimate the energy and cost savings of efficiency improvements and recommend the best options for your home. Visit energystar.gov for more details.
- Energy-efficient home improvement credit
Upgrade your doors, insulation and windows and get 30% back – up to $1,200. To learn more about which products are eligible visit energystar.gov.
- Install heat pumps, water heaters or a biomass stove
Save 30% (up to $2,000) on energy-efficiency upgrades including heat pumps, water heaters, biomass stoves and biomass boilers. For details visit energystar.gov/about/federal-tax-credits.
- Going renewable
Claim up to 30% back on the cost of clean energy installations including solar, wind, geothermal and battery storage, with no annual or lifetime dollar limit (except for fuel cell property) through December 31, 2025. To learn more visit energystar.gov, or to find information about specific technologies visit solar energy systems, geothermal heat pumps, and battery storage.
- Home energy rebates
These rebates help reduce the cost of energy-saving upgrades for both single-family and multi-family homes. You can use these discounts for things like Energy STAR appliances, insulation and more. Check the Energy STAR’s Rebate Finder tool to starting saving: energystar.gov/rebate-finder
Author:
Linda Derhak
Energy and Climate Outreach Associate, Safe Electricity