TAMPA CENTRAL Blog

Upgrade Your Home's Efficiency with the Inflation Reduction Act

Are you looking for an energy-efficient home makeover in Tampa? 

Thanks to the Inflation Reduction Act (IRA) of 2022, you’re in luck! The IRA allocates billions of dollars to tax credits, rebates, and incentives that will make home energy-saving projects more affordable. The Energy Efficient Home Improvement Credit offers a 30% tax credit and a $1,600 annual cap on energy-improving home upgrades.

For home improvement projects eligible for the 30% energy tax credit through 2032 (retroactive to 2022 at a 10% value), consider the following home improvement projects: 

• Insulation
• Air sealing
• A home energy audit ($150 credit)
• Energy-efficient windows and entry doors ($500 credit).

Starting in 2023, the new HOMES Rebate Program and Electric Home Rebate programs can give you up to $14,000 in additional incentives. These funds are ready to help you make your home efficient while saving on project costs. 

Start your home energy improvement project today and capitalize on the Inflation Reduction Act. Make sure to use your energy-efficiency tax credits before the 2032 deadline and take advantage of all rebates or programs. 

The IRA was designed to help U.S. citizens gain energy savings in their homes and reduce emissions from fossil fuels. Upgrading your home with energy-efficiency remodeling takes advantage of valuable tax credits and incentives, increases your home’s value, and improves indoor air quality. With the availability of these new programs, Tampa residents can take the next step toward a comfortable, energy-efficient home. From insulation and door upgrades to energy-efficient windows and air sealing, there are significant benefits to improving a home’s comfort and energy efficiency. 

We have the knowledge and experience to help you maximize your available credits and reduce home energy costs with personalized recommendations that meet your needs and budget. Call us today at 813-452-3665 and explore the world of possibilities with Koala Insulation of Tampa Central and the Inflation Reduction Act, and start saving today.