Save More Money with Federal Energy Tax Credits
Now more than ever, it pays to insulate! New federal income tax credits are available through 2032—providing up to $1,200 each year to lower the cost of energy-efficient home upgrades.
Residential Efficiency Tax Credit
The Energy Efficient Home Improvement Credit is a federal tax credit equaling 30% of the total cost for a variety of energy efficiency home upgrades, including qualifying insulation and air sealing expenses. There is an annual maximum credit of $1,200 for the category of upgrades that includes insulation.
- Available to anyone with federal tax liability
- Can be combined with other incentives and insulation rebates
- $150 credit for energy audits
- Can be claimed in multiple years (but not for the same upgrade)
As the homeowner, you claim this tax credit directly when you file your taxes for the year in which the insulation was installed. Our itemized final invoice will include your tax-credit-eligible costs, making the process easy!
A Home Improvement That Pays Off
Making a few key updates to your home can help to save energy—and thus cut your lowing and cooling costs. Averaged across the U.S., weatherization measures such as air sealing and increasing the quality and thickness of attic insulation can reliably reduce energy usage by 12–18%. Deeper building retrofits—like adding insulation to walls, basements, and rim joists and installing higher-efficiency windows—could deliver around 33% energy savings.*
With the latest tax credits and incentives, now is the time to improve the energy efficiency of your home. Check out these unique ways to cover some of your project costs through the tax credits and rebates available to you.
Rebates through the HOMES Act
Rebates are available for homeowners who make performance-based whole home efficiency upgrades. The rebate savings include:
- For homes achieving 20-35% modeled energy savings – rebate of the lesser of $2,000 or 50% project cost.
- For homes achieving at least 35% modeled energy savings – rebate of the lesser of $4,000 or 50% project cost.
- For homes achieving at least 15% measured energy savings – rebate payment rate per kWh saved, equal to $2,000 for a 20% reduction, or 50% project cost.
Department of Energy (DOE) Electrification Program
The DOE Electrification Program offers rebates for insulation, air sealing and ventilation upgrades for eligible homeowners. Specifications include:
- 50% of the cost of insulation up to $1,600 for households with annual incomes of 80-150% of area median income.
- 100% of the cost of insulation up to $1,600 for households with annual incomes less than 80% of area median income.
Learn if you qualify for these or any other rebates in your area at www.dsireusa.org.
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Do you have questions about insulation? See our Insulation FAQs section.
*Source: Home Innovation Research Labs Builder Panel, April 2019.
†See actual warranty for complete details, limitations and requirements. For the lifetime of the home beginning from date of installation by an Owens Corning® Certified Energy Expert®
