WASHINGTON — The Environmental Protection Agency May 30 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.
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 — starting now — Inflation Reduction Act state rebates for home efficiency improvements. More so, it 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% of project costs, up to $3,200, for products such as heat pump HVAC, heat pump water heaters, windows and insulation.
- New York is the first state to launch its Inflation Reduction Act rebate program, which offers incentives targeted to low-income households. Several other states are following closely behind.
ENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible and unbiased information that consumers and businesses rely on to make well-informed decisions. More background information about ENERGY STAR’s impacts and ENERGY STAR Home Upgrade –
For further information: EPA Press Office (press@epa.gov)