Source: Pella | Repost Fadely March 8, 2023 –
Simple home improvements like energy-efficient windows and doors from Pella can directly save you money through lower energy bills. While lower energy bills are great on their own, these upgrades may also qualify you for energy tax credits that can save you even more. Recent changes to tax law have expanded potential saving opportunities for homeowners, making this a great time to update your home. Here’s what you need to know to take advantage of these new residential energy credits.
The Energy Efficient Home Improvement Tax Credit
The Inflation Reduction Act of 2022 extended the Energy Efficient Home Improvement Credit (formerly known as the Nonbusiness Energy Property Credit). For homeowners, this means that energy-saving and energy-efficient door and window replacements made in the year 2022 and beyond may qualify for tax credits.