With funding from Congress, the Inflation Reduction Act means homeowners can take advantage of up to $14,000 in rebates and tax credits for making energy-efficiency upgrades.
includes rebates and tax credits for energy-efficient purchases like appliances, electric vehicles, and solar panels. And Consumer Reports says there are other ways to take advantage of these credits by “going green” on your next home improvement project.
The largest credits and rebates are available for heat pumps, a high-efficiency system that heats and cools your home in place of a furnace and an air conditioner. “While the upfront cost for a heat pump may be higher, these incentives will definitely help. And over the long term, you might actually save money depending upon where you live and what fuel and electricity cost in your area,” said Consumer Reports Home Editor Paul Hope.
With rebates for upgrading to more efficient exterior doors, windows, and skylights, you'll be adding value and warmth to your home.
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