2023 Tax Credits

Inflation Reduction Act

The Inflation Reduction Act of 2022 provides incentives for Energy Efficiency in the form of Federal Tax Credits and State-Specific Rebates.

  • Federal Tax Credit information is available below. These Residential Energy Tax Credits are managed through IRS form 5695 and will be available in 2023-2032. The IRS publishes a new form 5695 for each tax season, and the latest from can be found on their website here.

  • State-Specific Rebate information for Missouri and Illinois are to-be-determined.

Tax Credit: Insulation

Instructions: Save your invoice of a qualifying Energy Efficiency upgrade and file IRS form 5695

  • Up to 30% tax credit

  • Up to $1200 per year during the 2023-2032 tax seasons

  • Existing homes

Tax Credit: Solar Attic Fan

Instructions: Save your invoice of a qualifying Energy Efficiency upgrade and file IRS form 5695

  • Up to 30% tax credit

  • No Maximum per year during the 2023-2032 tax seasons

  • Existing homes and Newly constructed homes