Are there rebates available for installing insulation?
Financial incentives are currently being offered in Florida for the purchase and installation of insulation. To check for the latest infomation click here.
Where do I find Federal Income Tax Incentives Information?
The Tax Incentives Assistance Project (TIAP), sponsored by a coalition of public interest nonprofit groups, government agencies, and other organizations in the energy efficiency field, is designed to give consumers and businesses information they need to make use of the federal income tax incentives for energy efficient products and technologies passed by Congress as part of the Energy Policy Act of 2005. To check for the latest information click here.
What is the energy efficiency tax credit worth?
Homeowners are eligible for a tax credit of up to $1,500 for 30% of the costs of qualified energy efficiency improvements made to their homes. So, if a homeowner spends $800 to add proper levels of insulation to their home, they would qualify for a Federal tax credit of $240.
What energy efficiency improvements are eligible for the tax credit?
The tax credit for existing homes requires that the building envelope component being renovated must meet the energy efficiency minimum standards outlined in the 2009 International Energy Conservation Code. Insulation is a key component of the home or building envelope. EPA’s ENERGY STAR Home Sealing Program offers consumers advice on how to improve their building envelope. Adding insulation is one of the fastest and most effective ways to save energy in your home.