Taking steps to save energy in your home can also save you big bucks — and not just on your monthly utility bills. Check out these energy efficiency rebate programs offered by the IRS and your local utilities companies:
IRS
The American Recovery and Reinvestment Act adopted in October 2008 allows for a 30% tax credit for costs associated with ENERGY STAR qualified geothermal heat pumps, as noted in section 25D of the Internal Revenue Code. The credit applies to geothermal equipment placed in service through December 31, 2016.
Vectren
- $100 rebate on smart Wi-Fi programmable thermostat. Rebate available on existing homes only, new construction not eligible.
- $250 rebate on 95% AFUE furnaces. Citizens
- $100 rebate on smart Wi-Fi programmable thermostat. Rebate available on existing homes only, new construction not eligible.
- $250 rebate on 95% AFUE furnaces.