Installing modern, efficient and eco-friendly insulation can bring lots of benefits, from more comfortable, healthier building interiors to reduced energy bills and a much smaller ecological footprint, but it is not cheap, that’s why the U.S. Department of Energy offers various incentive programs to encourage and to facilitate the investment. Here are the most common forms of financial assistance available to homeowners:
- Tax credits and tax deductions – as a homeowner interested in adding insulation to your building, you might be illegible for a tax credit of up to 500 dollars or 10% of the investment into energy efficiency improvements. Many of the programs require candidates to use Energy Star-rated products, such as weather stripping, caulk, spray foam or house wrap for the improvements;
- Home financing solutions – energy efficient financing is available for those who want to buy or sell property or who want to refinance or remodel their home. Energy efficient mortgage constructions are available for various projects and allow buyers to buy a home that is more expensive and would be out of reach for them without the incentive.
To find out more about available incentives, you can visit with roofing Livonia MI contractors with experience and visit the websites of Energy Star-rated products as well as the website of the Department of Energy – you will find lots of information and resources there.
