Have questions about available tax credits?

Insulation Tax Credits and Rebates for Kansas City Residents

Improving your home’s energy efficiency with energy upgrades, such as insulation, make you feel good about saving money and the environment. But as an extra incentive and thank you for doing your part, local and federal programs offer a variety of tax credits and rebates for energy upgrades that you may qualify for. It’s a win-win for everyone!

Local Energy Incentives

Prairie Village Grant Program

Merriam Grant Program

Federal Tax Credits

The Inflation Reduction Act (IRA) is directing an unprecedented $369 billion toward energy saving initiatives through tax credits. These tax credits will have numerous benefits including improved energy efficiency, reduced energy bills, and improved home comfort.

IRA tax credits include:

  • Residential retrofit incentives
  • New and retrofit commercial incentives
  • New home incentives
  • Efficient building envelopes through building codes
30% Tax Credit (up to $1200) for Insulation Upgrades

Here are some key points from the Act:

New Home Incentives

  • Builder credit of $2,500 for single family homes that meet ENERGY STAR Version 3.2 and meet 2021 IECC prescriptive envelope standards.
  • Builder credit of $5,000 for homes that meet DOE Zero Energy Ready Home standard.
  • Builder credit of $500 / $1,000 for multifamily units, with incentives increasing to $2,500 / $5,000 when meeting prevailing wage requirements.
  • Enhanced credit amount applies from January 1, 2023 to December 31, 2032.

Residential Retrofit Incentives

  • Enhanced credit amount applies from January 1, 2023 to December 31, 2032.
  • 30% of insulation and air sealing materials up to $1,200 (per year).
  • Credit available on a yearly basis.
  • Home energy audits covered up to $150.

Get Started Today

There are many components to the IRA and many ways you can save, but tax credits are subject to program changes. Check out more details at the Energy.gov website.

REMEMBER – federal tax credits can be combined with local incentives for even bigger savings!

Our team is happy to answer all your energy incentive questions. Contact us today to discuss your project and which incentives you may qualify for.