Take the Southern PHC survey on the Inflation Reduction Act
How much do contractors and customers know about the incentives?
The 25C Efficiency Tax Credit in the Inflation Reduction Act is only for existing, owner-occupied homes. It’s capped at 30 percent of the qualifying cost for up to $3,200 annually: up to $2,000 for heat pumps and up to $1,200 for insulation, windows/doors, water heating, furnace and other types of efficiency improvements.
It gives homeowners incentives to improve efficiency and lower their utility bills, while giving contractors an opening to make a sale.
But how many people know about the incentives?
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