INCREDIBLE INVENTION YOU DIDN'T KNOW ABOUT!

DIY HOMEMADE TOOLS

DIY HOMEMADE TOOLS

Insulation Tax Credit

Annual Limits on Energy Efficient Home Improvement Tax Credits

In addition to limits on the amount of credit you can claim for any particular equipment installation or home improvement, there are annual aggregate limits.  The overall total limit for an efficiency tax credit in one year is $3,200.  This breaks down to a total limit of $1,200 for any combination of home envelope improvements (windows/doors/skylights, insulation, electrical) plus furnaces, boilers and central air conditioners.  Any combination of heat pumps, heat pump water heaters and biomass stoves/boilers are subject to an annual total limit of $2,000. (Note: ENERGY STAR certified geothermal heat pumps are eligible for a separate tax credit and not counted against these limits.)

What products are eligible?

Typical bulk insulation products can qualify, such as batts, rolls, blow-in fibers, rigid boards, expanding spray, and pour-in-place.

Products that air seal (reduce air leaks) can also qualify, as long as they come with a Manufacturers Certification Statement, including:

• Weather stripping

• Spray foam in a can, designed to air seal

• Caulk designed to air seal

• House wrap

Insulation Tax Credit | ENERGY STAR

Biomass Stoves/Boilers Tax Credit

Information updated 12/30/2022

This tax credit is effective for products purchased and installed between January 1, 2023, and December 31, 2032.

You can claim:

30%

of project cost

$2,000

maximum amount
credited

What products are eligible?

Biomass stoves burn biomass fuel to heat a home or heat water. Biomass fuel includes agricultural crops and trees, wood and wood waste and residues (including wood pellets), plants (including acquating plants), grasses, residues, and fibers.

Must have a thermal efficiency rating of at least 75% (measured by the higher heating value of the fuel).

Woodburning Efficiency and Safety

Biomass Stoves/Boilers Tax Credit | ENERGY STAR