Want to save a lot of money while making your home more environmentally friendly? Then Uncle Sam may have a great offer for you. Thanks to the Inflation Reduction Act, families can get up to $14,000 in rebates on energy-efficient home improvements.

The shovel

The government offers homeowners great incentives to switch to environmentally friendly energy sources.

These rebates cover a range of Energy Star-certified products, from heat pumps and water heaters to weatherization measures like attic insulation and new windows. Even eco-friendly appliances like washers, dryers and stoves could qualify.

Energy Star points out: “Because of the annual tax credit limit, it may make sense to spread improvements over several years.”

How it helps

This program helps both your wallet and the planet.

By replacing old, inefficient appliances with electric, energy-saving models, you will lower your energy bills month after month, and you will create a healthier home environment by reducing indoor air pollution, which is linked to health problems such as asthma caused by gas-powered appliances.

Think of it as a home renovation that pays off. While the initial cost may seem daunting, in the long run these improvements will save you thousands.

And the best part? You don’t have to do everything at once. Start with the changes that make the most sense for your home and your budget.

Electrifying your home is one of the smartest moves you can make for your finances and the environment. By switching to efficient electrical appliances and improving the energy efficiency of your home, you will not only cut costs but also significantly reduce your carbon footprint.

How to start

Ready to get started but not sure where to start? Rewiring America can help.

The nonprofit offers free tools to help you find the tax incentives available, find reliable contractors, and make upgrading your home much more affordable. The savings calculator can help you figure out which incentives to tackle first, whether you’re a homeowner or renter.

By making these simple changes, you’ll join millions of Americans in building a cleaner, cooler future. Start exploring your options today and see how much you could save now and in the years to come.

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