How the Inflation Reduction Act Helps St. Louis Homeowners
Inflation Reduction Act
The Inflation Reduction Act of 2022 provides incentives for Energy Efficiency in the form of Federal Tax Credits and State-Specific Rebates.
- Federal Tax Credit information is available below. These Residential Energy Tax Credits are managed through IRS form 5695 and will be available in 2023-2032. The IRS publishes a new form 5695 for each tax season, and the latest from can be found on their website here.
- State–Specific Rebate information for Missouri and Illinois are to-be-determined.
Tax Credit: Insulation
Instructions: Save your invoice of a qualifying Energy Efficiency upgrade and file IRS form 5695
- Up to 30% tax credit
- Up to $1200 per year during the 2023-2032 tax seasons
- Existing homes
Tax Credit: Solar Attic Fan
Instructions: Save your invoice of a qualifying Energy Efficiency upgrade and file IRS form 5695
- Up to 30% tax credit
- No Maximum per year during the 2023-2032 tax seasons
- Existing homes and Newly constructed homes
Koala Insulation of St. Louis – Delivering Efficiency. Improving Comfort. ®
Contact Koala for a FREE Insulation Consultation. Call Today: (314)-279-5064 or Book Online
Related Posts:
How To Tell If Your Home Is Under Insulated
Insulation 101: Should I remove my insulation?
