Qualifies For Income Tax Credits
As a part of the Inflation Reduction Act of 2022, home renovation projects utilizing reflective insulation are eligible for Energy Tax Credits. These credits are available effective immediately and will expire on December 31, 2031.
Residential applications that qualify for the credits include attics, walls and crawl spaces when properly installed per our installation instructions and per program guidelines.
Our products meet the most recent International Energy Conservation
Code standards – these must be met in order to take advantage of this benefit. To use the tax credit, reflective insulation products must meet the most recent International Energy Conservation Code standard in effect as of the beginning of the calendar year which is two (2) years prior to the calendar year in which such component is placed in service.
You may claim the energy efficient home improvement credit for improvements to your primary residence. Your primary residence is where you live the majority of the time.
For the energy efficiency home improvement credit, the home must be:
- Located in the United States
- An existing home that you improve or add onto (not new construction) and must be your primary residence.
To learn more about the Inflation Reduction Act of 2022, we suggest you view these links to understand how the Home Energy Tax Credits work, and the annual limits.