Money is on the table to upgrade your home and save on energy bills

This article was written by Brett Little, education manager for the GreenHome Institute, a nonprofit organization with a mission to empower people to make healthier and more sustainable choices in the renovation and construction of the places we live.

With the hot summer months upon us, there’s no better time to consider improving your home’s energy efficiency by

 installing new appliances, upgrading your heating and cooling system, or even installing solar panels on your roof. 

At GreenHome Institute, I work directly with homeowners to transform their living spaces to be healthier and energy-efficient. The best part is not only can these improvements keep you cool and comfortable, they can also significantly reduce your energy bills. 

And, there have never been more opportunities to help cover the costs of these upgrades. The  Inflation Reduction Act (IRA) which was signed into law in 2022 is providing numerous rebates and tax incentives to make these upgrades more accessible.

These federal programs offer substantial incentives for homeowners to invest in energy-efficient renovations, including a 30% tax credit for solar panel installations and additional funding for energy-saving measures such as insulation, windows, and HVAC systems. 

By taking advantage of these opportunities, you can enhance your home’s comfort and value while contributing to a more sustainable future. However, navigating the array of available incentives and ensuring your upgrades meet the necessary standards can be daunting. 

That’s where the GreenHome Institute comes in. We are a nonprofit organization with the mission of empowering people to make healthier and more sustainable choices in their home renovations and construction. 

We partner with municipalities and utility companies to provide comprehensive project management services that guide you through every step of your home improvement journey, from initial planning to project completion and final certification. Our educational programs offer training for consumers, homeowners, and professionals alike, equipping you with the knowledge to make informed decisions and maximize the benefits of available incentives. 

In the current economy, households are looking for ways to save on everything from groceries to utility bills. Although the idea of a major home renovation or upgrade can be intimidating, there are resources to help you navigate through every step. Governmental funds and tax incentives provide you with an opportunity to reduce your energy costs and make lasting and valuable improvements to your home. 

But, these programs will not be around forever. Now is the time to take the opportunity to upgrade your home’s energy efficiency and use the transformative benefits of the Inflation Reduction Act. Between the improvements you can make to your home to withstand the summer heat and the unprecedented opportunities to save money while doing so, this is certainly an opportunity you won’t want to miss and a decision you won’t regret. 

For more information on these initiatives, you may view an informational webinar in which we featured incentives provided through the Inflation Reduction Act. You can watch that webinar here. 

Additionally, you may schedule a home energy assessment, for which up to 30% of the cost may be reimbursed through the Inflation Reduction Act by contacting an assessor on our “Find a Pro” page on our website.