Insulation Tax Credits – How to Save Money

Insulation Tax Credits: How to Save Money

Home insulation Insulation Company reduce energy consumption, lower utility bills, and create a healthier indoor environment for homeowners. The federal tax credit for energy efficiency improvements, or the 25C insulation tax credit (25C is the relevant section of the IRS code), reduces the cost of these upgrades by up to $1,200. However, the incentive expires at the end of 2025, so homeowners need to act fast.

During an energy assessment, a trained professional can identify the most cost-effective upgrades to your home. This includes identifying air leaks and recommending sealing them. Insulation is often the best place to start, as it’s easy and relatively inexpensive. Once the leaks are sealed, the homeowner can focus on upgrading their heating and cooling systems and making other energy-efficient upgrades.

Attic Insulation And Health

The energy efficiency tax credit for 2023 and 2024 covers 30% of materials costs up to $1,200 per year. The tax credits can be claimed every year until 2032, which provides significant financial incentives to homeowners who want to make their homes more comfortable, efficient, and environmentally friendly.

To claim the insulation tax credit, homeowners need to have documentation of their materials and installation costs. The documentation must be submitted along with the IRS Form 5695 when filing taxes. Homeowners may also qualify for local rebate programs that can stack with the federal insulation tax credit. At Healthy Home Energy & Consulting, we’re well-versed in the requirements of claiming these incentives and can help homeowners maximize their savings.

Georgia Insulation Atlanta
Atlanta, GA 30349
(470) 764-7083