A variety of home upgrades come with federal and state tax rebates, which can offset the cost. New programs are being rolled out — your state might have new tax rebates available this year. AdvertisementMany upgrades have tax incentives"The Inflation Reduction Act has put a really large bank account at the fingertips of most Americans for most electrical upgrades," Richardson says. Rebates can be stacked for added valueQualifying energy-efficiency home upgrades made between January 1, 2023, and 2032 can get a federal tax credit of up to $3,200. "To maximize the financial value of the project, you want to get efficient equipment, and you want to maximize the rebates," Richardson says.

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Persons: —, DR, Richardson, You'll Organizations: Service, DR Richardson, Elephant Energy, Energy Locations: Colorado and Massachusetts, Denver, Colorado, America