Indiana Insulation Tax Credit

Indiana rebates savings which areas of my home should i insulate.

Indiana insulation tax credit.

Section 25c tax credit for qualified energy efficiency improvements offers a 10 tax credit worth up to 500 for homeowners for qualified energy efficiency upgrades such as building insulation. Home insulation bulk insulation products may also qualify for a tax credit if they meet energy star standards. Adding adequate insulation is one of the most cost effective home improvements that you can do. Anything that reduces air loss weather stripping or caulk can also qualify if you possess a certification statement from the manufacturer.

County city and utility incentives. The tax credit applies only to improvements made to the building envelope the area along the perimeter of the home that separates the living space from the outside and includes attics foundation and exterior walls basements and crawl spaces. Additional tax credit programs can be found by visiting the indiana economic development corporation. A database by energy gov provides information on local incentives offered by indiana counties cities and utilities.

Consumers will need to have any usa insulation contracts applicable manufacturer s certification statements and complete irs form 5695 for tax purposes. Business and industrial tax credits. 10 of the cost up to 500. Typical bulk insulation products can qualify such as batts rolls blow in fibers rigid boards expanding spray and pour in place.

The database sorts information by location. The amount of credit is equal to 50 percent of the amount of the contribution.