Adequate insulation is one of the most cost-effective ways a homeowner can save money on their annual energy bills! No matter the season, insulation helps to keep your heating or cooling bills in line. Thanks to the renewed energy tax credit, you can save both on your utility bill and your insulation investment!
Here is what you need to know to take advantage of the offer:
- Tax Credit Amount: 10% of the cost of the product, up to $500 (credit does not cover labor or installation costs)
- Requirements: install fiberglass batt insulation, blown-in fiberglass insulation, or spray foam insulation.
- How to Apply: File IRS Tax form 5625. You can download the form on the IRS site here (search “5625”).
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