As a part of The Hassler Difference, we strive to exceed expectations and build lasting relationships with our customers in Marin, Contra Costa, and Alameda counties. This is why we stay up-to-date on the available incentives in the area to make our heating, cooling, and energy efficiency upgrades more affordable.
There are several ways to save on upgrading your home, and tax credits are currently some of the most substantial, thanks to the Inflation Reduction Act (IRA). Our team can guide you through the tax credit process so your investment will pay off in the least amount of time possible.
The Energy Efficient Home Improvement Tax Credit
Also referred to as the 25C tax credit, the Energy Efficient Home Improvement Tax Credit offers savings up to 30% of the cost of qualifying home upgrades. In order to be eligible for the 25C tax credit, you must make improvements on an existing home that is a primary residence located in the United States and have a taxable income. The tax credit will reduce your federal tax liability for the year you make home upgrades and can be claimed year after year from now until 2032.
There are some limitations to the Energy Efficient Home Improvement Tax Credit as well as an annual cap of $3,200 that’s split into 2 groups:
Up to $1,200 annually on energy efficiency upgrades & high efficiency heating & cooling systems
Up to $2,000 annually for heat pump HVAC and water heating systems
Qualifying upgrades for the 25C tax credit include:
Energy Audits - $150 annual cap
This in-depth analysis of your home’s performance allows our team of building scientists to determine areas of energy loss, air leakage, and more to help you create a clear pathway to a healthier and more efficient home.
Insulation & Air Sealing - $1,200 annual cap
By strengthening your home’s building envelope with insulation and air sealing, you’ll experience more home comfort, lower heating & cooling costs, and lower year-round energy bills.
High-Efficiency Furnaces, Air Conditioners, and Water Heaters - $600 annual cap
HVAC equipment that meets the IRA’s minimum efficiency will be safer and use significantly less energy than their counterparts.
Heat Pumps, Mini Split Systems, and Heat Pump Water Heaters - Annual cap $2,000
By using electricity to move heat rather than create it through fossil fuel combustion, heat pump systems are essential for home electrification, as well as more efficient and safer for your home.
Combine Federal Tax Credits with Local Rebates for Maximum Savings
As all-electric homes and other efficiency upgrades are becoming more prominent in the East Bay, there are several organizations and utility companies offering rebates to make them more affordable. Luckily, you can take advantage of both the IRA home energy efficiency tax credits and rebates to get more savings on your investment.
Many rebate programs rely on available funding, which means they are constantly changing. However, Hassler stays informed on what’s currently available and the best way to find out what you’re eligible for is to reach out to our team.
Make Energy Efficient Home Upgrades with Hassler
We’ve been helping homeowners in Marin, Contra Costa, and Alameda counties reach their energy efficiency goals for the last 30+ years. Whether you’re having comfort issues throughout the year or are looking to go all-electric, our team is highly-trained and ready to help you through the process—and help you maximize your savings, too.
