Save Money on Your Energy-Efficient Upgrades | Koala Insulation of Nor
Energy efficiency is all the rage these days. If you have been wanting to make energy-efficient upgrades around your home, you are in luck!
The Inflation Reduction Act passed in 2022 includes provisions to help homeowners offset the cost of certain types of upgrades around the home, which is making it easier and more cost-effective than ever to invest in energy efficiency. We explain how we can help you take advantage of this great opportunity below, so read on to learn more.
What Does This Mean for Homeowners?
The pertinent portions of the act are designed to encourage homeowners to make more eco-friendly choices that also helps with clean energy production.
To start with, the home improvement tax credit is a credit you will be able to claim on your 2022 taxes (the ones you file in 2023) to reduce your tax bill next year. This credit qualifies you to claim 30% of your project’s cost, up to $1,200 dollars per year.
Some energy-efficient upgrades that qualify include:
- Solar panels
- New insulation
- New appliances
- Upgraded heating and cooling equipment
- Air sealing services
Are There Rebates Available?
Yes, there are! The rebates through this act are geared toward helping lower- to middle-income families offset the cost of certain purchases. Based on your income level, you can qualify for up to $1,600 in rebates for your insulation, air sealing and ventilation services.
The amount of money you can get back is also based on the project you choose or the appliance you buy. The more energy-efficient your upgrade is, the more money you will be able to save and get back in the form of rebates.
How Do I Know What’s Available For Houston Homeowners?
While this bill is a country-wide legislation that benefits every American, each state is rolling out the rebates and tax credits a bit differently. So make sure you do your research!
To start, check out Energy Star’s rebate finder. Search through the site to find specific rebates based on the projects that interest you.
The Database of State Incentive for Renewables & Efficiency is also a good resource. You can search Texas incentives specifically to ensure you are making the most informed decision.
Let us help you take advantage of the Inflation Reduction Act! Contact us at Koala Insulation of North Houston to get started.
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We Provide Insulation Services to the Following North Houston Areas
THE WOODLANDS, MAGNOLIA, PINEHURST, TOMBALL, HOCKLEY, CONROE, MONTGOMERY, WILLIS, SPRING
Counties Served
MONTGOMERY, HARRIS
Zip Code
77354, 77355, 77362, 77375, 77377, 77447, 77301, 77303, 77304, 77306, 77316, 77318, 77356, 77378, 77302, 77380, 77381, 77382, 77384, 77385, 77389, 77373, 77379, 77388
