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Energy efficiency improvements can be exciting when you know you are saving the planet while also improving your indoor health and comfort! You buy organic food; you use natural or eco-friendly cleaning products... Now it's time to improve your living space to reflect a more conscientious YOU!
The U.S. Internal Review Service (IRS) recently released IRS Notice 2023-59, which specifies requirements for U.S. taxpayers to claim the "Energy Efficient Home Improvement Credit" under section 25C of the U.S. tax code for home energy audits.
The maximum "Energy Efficient Home Improvement Credit" you can claim each year is:
- $1,200 for energy property costs and certain energy efficient home improvements, with limits on doors ($250 per door and $500 total), windows ($600) and home energy audits ($150).
- $2,000 per year for qualified heat pumps, biomass stoves or biomass boilers.
- Electric panel upgrades ($600).
Use IRS Tax Form 5695 and submit it along with your regular tax return.
An Energy Audit will show you where to begin in your home improvement process. It will uncover any hidden "trouble spots", from comfort inhibitors to potential allergy/asthma triggers. Our certified professionals inspect your home form top to bottom so you can rest easy knowing the true performance of your biggest investment.
Retrofits (as they are called in the industry), are home improvements that pay you back in many ways! Even though you won't see your well-tailored attic insulation or your tightly sealed duct work, they will be providing you and your family with better energy efficiency, comfort, health and home durability every day.
Priority Energy is committed to improving existing homes so they use less energy and provide safety and comfort that will last a lifetime. "There are opportunities to save energy anywhere there is energy being used", says Robert Schildgen, founder, and CEO of Priority Energy.
You can save up to 30% on annual utility costs by implementing energy efficiency improvements.
(Energy.gov)
IRS Fact Sheet for Energy Efficiency Tax Credits
Now is a great time to improve the health, efficiency and durability of your home!
Call to schedule your energy audit. 1-312-767-9047
Latest News
A series of commercial energy audits performed by Priority Energy uncovered opportunities for a storage company to save over $180,000 on their heating and cooling costs.
Comfort complaints from owners of recently built or new-er homes have skyrocketed over the last few years.