by Anne Stephenson Boyle
Spring is here which means it’s the time of year when many of us think about projects around the house and ways we can positively impact the environment. An energy efficiency project as a way of improving both your home and reducing your carbon footprint. As you consider what might be best for your home, keep in mind you may be eligible for an efficiency incentive and/or tax credits. The Environmental Justice Subcommittee has put together a brief rundown on current rebates and tax credits:
BGE Rebates: If you are a BGE customer, you may be eligible on rebates for energy efficient products including air purifiers, dehumidifiers, heat pump water heaters, LEDs, pool pumps, and smart thermostats. You may also be eligible for home improvement rebates averaging $2,500 for larger projects like air sealing, heating and cooling system replacement, duct sealing and insulation. You can find out more about BGE rebates here.
If you’re not a BGE customer, you can research other incentives on your utility’s website or here.
Federal Tax Credits: You may also be eligible for a federal tax credit on energy efficiency and renewable energy projects ranging from electric vehicles and electric vehicle chargers, heating systems, heat pump water heaters, insulation, solar installations, and more. Click here to find out more about federal tax credits.