Unlock tax credits for Energy Efficient Home Improvements
Maximize Savings with Heat Pump Installation
Did you know that households upgrading to heat pumps with a thermal efficiency rating of 75% or higher could qualify for tax credits of up to $2,000? Not only that, but installing a new heat pump can lead to significant energy cost savings over time. Act fast – if you purchase a new heat pump in 2024, remember to claim your rebate when filing your taxes by April 15, 2025.
Expand Your Savings Beyond Heat Pumps
If you’re not in the market for a heat pump, don’t worry! The benefits of the Inflation Reduction Act and Energy Efficient Home Improvement Credit extend to more than just new air conditioning technologies. This program offers incentives for various upgrades like doors, windows, insulation, water heaters, solar panels, and more. Take advantage of these savings opportunities.
Who Qualifies for Tax Rebates?
The Energy Efficient Home Improvement Credit is open to homeowners across the United States, as long as they reside in existing homes that serve as their primary residences. Unfortunately, new construction and rental properties are not eligible for this rebate. You have until January 1, 2033, to claim this credit, without any lifetime dollar limit. Make eligible improvements every year to keep benefiting from this program.
Read More of this Story at www.housedigest.com – 2024-06-08 22:30:41
Read More US Economic News
