Webinar to focus on energy efficiency tax credits

Penn State Extension is hosting a webinar on Inflation Reduction Act Energy Efficient Home Improvement Credits on March 16 at noon.

Tax incentives are available for homeowners who invest in energy-efficient home improvements. This credit allows homeowners to claim a credit of up to 30% or a capped amount of the cost of specific energy-efficient home improvements. Energy Efficient improvements that might qualify are things like windows, doors, energy audits, and heat pumps.

Extension educators will provide information based on guidance from the IRS about what might qualify and the stipulations. An electric bill will be reviewed to determine what the different numbers and charges mean. An educator will discuss heat pumps, a focus of the tax credits, and how they function. An electrical contractor will be available to give general advice and answer questions about upgrading electrical components eligible for the credit.

The webinar is free, and pre-registration is required. Registered participants will receive a recording. Register at the webinar website (extension.psu.edu/inflation-reduction-act-ira-energy-efficient-home-improvement-credit-guidance). Questions can be directed to Dr. Joseph C. Conklin at juc50@psu.edu.

Source: Berkshire mont