Offers, Rebates & Tax Credits

Use the special offers tool on this page to search for a local rebate. Enter your zip code then find your unit. If you find a local rebate for your unit, select the “Get Form” button to download a form to fill out. Last, submit the completed form to your local utility provider for approval.

IRS code 25C, known as the Non-Business Energy Property Tax Credit, initially offered tax credits for certain energy efficient home improvements from 2018 through the end of 2021, and was extended through the end of 2022 via the Inflation Reduction Act. This tax credit takes new form in 2023, offering even more savings under the new title Energy Efficient Home Tax Credit, and isn’t set to expire until 2032.

You may qualify for federal energy tax credits if you made energy saving improvements to your principal residence any time after 2018. Under IRS Code 25C, improvements made between 2018 and 2022 are limited to an overall lifetime credit limit of $500. Other individual credit limitations through 2022 include:

• $50 for advanced main air circulating fans
• $150 for qualified natural gas, propane, or oil furnaces or hot water boilers
• $300 for energy-efficient building property items

Beginning in 2023, the expanded version of 25C allows homeowners to claim 30% of the costs of energy efficient upgrades, up to an annual (not lifetime) limit of $1,200. This credit is not set to expire until 2032. Other individual credit limitations include:

• $150 annual limit for home energy audits
• $600 annual limit for certain qualifying air conditioners and furnaces
• $2,000 annual limit for certain qualifying heat pumps (the one exception to the $1,200 limit)

Note that these are nonrefundable energy credits, which means you can use them to lower how much tax you owe, but not to a value below zero.

Contact a tax professional to discuss additional questions you may have! Or, check out Energystar.gov for information about any recent changes to tax credits.

We are waiting on the IRS to define the application process for 2023 and beyond and will update information when it is available. There is not currently an established timeline for this.

*Specific IRS application process direction still coming for 2023. Check back for updates and certifications, if applicable.