Cost-effective energy efficiency investments you can make, and how the Inflation Reduction Act could help
Energy efficiency can save homeowners and renters hundreds of dollars a year, and the new Inflation Reduction Act includes a wealth of home improvement rebates and tax incentives to help Americans secure those saving.
It extends tax credits for installing energy-efficient windows, doors, insulation, water heaters, furnaces, air conditioners or heat pumps, as well as for home energy audits. It also offers rebates for low- and moderate-income households’ efficiency improvements, up to US$14,000 per home.
Together, these incentives aim to cut energy costs for consumers who use them by $500 to $1,000 per year and reduce the nation’s climate-warming greenhouse gas emissions.