The U.S. Environmental Protection Agency announced the launch of two new Energy Star resources to help households across America take advantage of Inflation Reduction Act incentives for energy-saving home upgrades.
Together, a new home improvement savings web tool and the new Energy Star Home Upgrade Service Provider Partnership address two of the largest barriers Americans face when it comes to upgrading their homes with energy efficient products and equipment — the cost and complexity associated with purchase and installation.
These resources will make it easier for all Americans to take advantage of upgrades that will help them save energy and money while enjoying a healthier and more comfortable home for years to come.
“For decades, the Energy Star program has guided consumers towards efficient products that reduce energy usage and greenhouse gas emissions, resulting in substantial savings for both the individual and the nation as a whole,” said EPA Administrator Michael Regan. “These new resources are key to making progress in fighting the climate crisis and will help make energy efficient options more affordable and accessible, particularly for millions of low-income and disadvantaged households across the nation.”
The new home savings web tool is a zip code-based resource that allows people to identify all of the energy efficiency incentives available in their area. It highlights utility rebates, federal income tax credits and Inflation Reduction Act state rebates for home efficiency improvements. More than that, it is a one-stop shop that includes energy efficiency incentives, buying guidance, information on eligible products, and links to local retailers and installers.
The federal tax credits provide annual discounts of 30 percent of project costs, up to $3,200, for products such as heat pump HVAC, heat pump water heaters, windows and insulation.
