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GET UP TO $1,200 FOR ADDING INSULATION & PROPER AIR SEALING TO YOUR HOME!
Both federal and state governments want you to be cautious of your energy usage, so for a limited time they are offering tax credits and deductions for certain home energy improvements performed by a licensed contractor. Local utility providers are also offering cash rebates for many of our upgrades we perform!
Our insulation company will assist you in qualifying and applying for these credits and rebates.
Energy Efficient Home Improvement Tax Credit FAQ's
Starting January 2023 eligible improvements can receive 30% up to $1200 in credits
What is a tax credit?
The renewable energy tax credit allows a taxpayer to claim up to 30% of qualified expenditures for energy efficient home improvements that serves a dwelling unit, owned and used by a taxpaying resident. If you are tax exempt then you cannot receive this.
What if I owe less than the 30% credit amount on taxes?
The federal tax credit is a credit and not a rebate meaning you must have enough tax liability to get full use of the credit.
If the federal tax credit exceeds your tax liability in the year of installation, the remaining amount can be carried over to the succeeding taxable year.
If you have taxes held from your pay by your employer during the year, and therefore have no tax liability due at the end of the year, then your tax credit value will be issued as a refund.
What is eligible for the energy efficient home improvement tax credit?
Qualified energy efficiency products installed during the year
Residential energy property expenses
Home energy audits
Home improvements must meet energy efficiency standards and they must be new systems and materials, not used
How long is the 30% credit valid?
Qualified energy efficiency improvements installed during the year starting January 1st 2023 -December 31st 2032 are eligible
What improvements have specific credit limits?
Building envelope components must have and expected lifespan or at least 5 years
Insulation and air sealing materials or systems that meet International Energy Conservation Code (IECC) standards in effect at the start of the year 2 years before installation. For example, materials or systems installed in 2025 must meet the IECC standard in effect on Jan. 1, 2023. These items don't have a specific credit limit, other than the maximum credit limit of $1,200.
Here's how to claim the Energy Efficiency Home Improvement Tax Credit
How to Claim the Energy Efficient Home Improvement Credit
File "Energy Efficient Home Improvement Credit" and with your tax return claim the credit. You must claim the credit for the tax year when the property is installed, not merely purchased. To read more about this you can click here to be redirected to the IRS.gov info page.
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Our Results Speak for Themselves
"This company went above and beyond for the work that was performed at my home. The employees were friendly and professional. Elevate is the only company I would recommend for attic insulating jobs!"
John Hixenbaugh
"I was very pleased with the professional and efficient way the insulation was installed. All of the people involved were polite and very neat with their work."
Patty Laroe
"Elevate Insulation did a great job. On time, professional, polite and efficient. They got in and got the job done. The crew cleaned up after themselves when it was completed. I would definitely recommend them."
Jim Pezzot
"This company went above and beyond for the work that was performed at my home. The employees were friendly and professional. Elevate is the only company I would recommend for attic insulating jobs!"
Bonnie Lindner
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