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Federal Rebate Programs
The passage of the federal stimulus bill in February 2009 made money available to Americans to help weatherize homes and make energy efficiency improvements. Called the American Recovery and Reinvestment Act of 2009 (ARRA), the bill helped fund energy efficiency measures and renewable energy development. The following information provides a general description of the programs available to the public.
Federal Tax Credits
For those not eligible for federally funded programs, the American Taxpayer Relief Act of 2012 revived energy-efficiency tax credits to help offset the cost of home upgrades. This includes highly efficient water heaters and heat pumps, central air conditioners, building insulation, windows and roofs.
This marks the third extension of the incentive initiated by the federal Energy Policy Act of 2011 - the last round expired in 2011. The new legislation covers 2012 upgrades along with projects undertaken in 2013 and completed by December 31, 2013. If you’ve already received an energy tax credit, you may not qualify – there’s a lifetime cap of $500. For full details on qualifying upgrades and individual caps, go to www.energystar.gov/taxcredits.
Weatherization is the process of sealing air leaks and properly insulating a home. The Department of Energy (DOE) created the Weatherization Assistance Program (WAP) to provide financial assistance for weatherizing homes to help low-income customers control their energy costs through installation of weatherization materials and education. To qualify for help with expenses, individuals must fall within a certain income range. Learn more at Energy.gov.