The One Big Beautiful Bill Act will prevent countless Americans from making money- and planet-saving home energy upgrades, and time is running out before it takes effect.
Incentives for heat pump water heaters expire Dec. 31. To qualify for the tax credit of 30% off the project cost up to $2,000, the appliance must be Energy Star-certified.
Heat pump water heaters are extremely efficient, especially when compared to traditional models that use gas to warm water. The former is over four times better when it comes to using energy to give you that hot shower, according to Bob Vila. In addition to the aforementioned credit, you can land a $1,750 rebate.
You may want to act sooner rather than later, especially if you're already due for an upgrade. Other federal incentives made available by the Inflation Reduction Act will expire Sept. 30.
LG offers a variety of heat pump water heaters that can help you save on your energy bills. It can also connect you with trusted local installers who can start things on the right foot.
These kinds of home improvement projects will pad your wallet in the long run and also make your house more resilient as rising global temperatures threaten communities around the world. More frequent and severe extreme weather events are one consequence of the changing climate, and that leads to power outages and increases strain on the electric grid. Clean energy solutions bolster neighborhoods and cut the production of heat-trapping gases that drive these shifts, as well as unstable dirty energy prices.
Installing solar panels is the ultimate home energy hack, slashing your energy costs to or near $0. Like LG, EnergySage provides a free service that makes it easy to compare quotes from vetted contractors, helping you save up to $10,000 on a solar system. If buying solar panels is out of reach because of the high upfront cost, leasing them can be a good option. Through Palmetto's LightReach program, you can get a solar setup for $0 down and lock in low energy rates.
Other projects to consider include upgrading your HVAC system to a heat pump, which can save you $370 per year on energy costs. Mitsubishi can help you find the right unit.
Stay warm all winter long with the Apple of intelligent space heaters Kelvin is the Apple of space heaters, designed for energy efficiency and maximum comfort. It's completely silent and intelligently controlled, with setup taking just 5 minutes. Built from premium materials like aluminum and glass, Kelvin works beautifully as a full-home heating system or as the perfect solution for that one room that never feels warm enough. |
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Should the government continue to give tax incentives for energy-efficient home upgrades? Click your choice to see results and speak your mind. |
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