Are you ready to make your home more energy-efficient and save some serious cash? Now is the perfect time to enhance your home insulation and air sealing while taking advantage of fantastic tax incentives or tax credit savings.
Take Advantage of the Inflation Reduction Act (IRA) - Energy Efficiency Tax Credit
The Inflation Reduction Act (IRA) brings exciting news for those looking to improve their home’s energy efficiency. Under this act, you can receive a tax credit of 30% for insulation and air-sealing materials installed in your primary residence—up to a whopping $1,200! This tax credit is available every year until December 31, 2032. Yes, you read that right. It’s not a one-time thing, so you can continue upgrading your home yearly and enjoy the benefits.
Claiming Your Tax Credit is a Breeze
Claiming these credits is easy. Simply use IRS Form 5695 when you file your federal income taxes for the year the upgrades are made. If you need assistance with the form, the IRS instructions page can help.
Benefits of Upgrading Insulation and Air Sealing
Upgrading your insulation and air sealing is not just about saving money. It’s about making a wise investment that brings immediate and long-term benefits, enhancing your home’s comfort and value.
- Enhanced Comfort: Improve indoor temperatures, reduce outside noise, eliminate pollen, dust, and insects, and better control humidity.
- Monthly Savings: The EPA estimates that making these improvements could save an average of 15% on heating and cooling costs.
- Damage Prevention: Proper insulation can help avoid issues like ice dams in the winter.
- Upgrading your home with attic insulation can be a wise investment. Remodeling magazine's 2016 Cost vs. Value report shows that it can recoup 116.9% of its cost in added home value.
Choose a Certified Professional for the Best Results
For the best results, work with an Owens Corning® Certified Energy Expert® professional. These pros are trained, tested, and trusted to deliver top-notch service. They will assess your home’s current insulation and air sealing, recommend the best upgrades, and handle the installation process. At Zhe Industries, we pride ourselves on meeting the highest standards in the industry and being the only Hampton Roads Certified Energy Expert® professional.
Ready to get started? Contact Zhe Industries today at 757.759.5466 to schedule a consultation. Let’s make your home a more comfortable, energy-efficient place to live while saving you money year after year!
