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Energy Efficiency Rebates
Optimizing your home for energy efficiency can be expensive. We want you to take advantage of every tax credit and rebate available to you. This page is regularly updated with resources for energy efficiency rebates.
Utility Rebates, Loan Assistance, and Tax Credits
Shuffle through available cost savings measures for Pennsylvania, Maryland, Virginia, and West Virginia residents. See if you qualify for a rebate or tax incentive.
You can save on your insulation and air-sealing upgrades with a federal tax credit.
You can submit Form 5695 along with your tax returns to claim this federal tax credit. A $4,000 project will maximize your savings.
Of Product Cost
Maximum Amount Credited
Rebate FAQs
What's the Difference Between Rebates and Tax Credits?
A rebate is an offer from a private company to reimburse a percentage of a product's price in exchange for choosing that product. In this context, an energy rebate is an offer from an electric or gas company to incentivize energy-efficient choices.
A tax credit is either a tax break or rebate from the government. The federal, state, and local governments can offer tax credits to incentivize people toward certain purchases or investments.
How Do Rebates Work?
When purchasing a product or service with a related rebate, you generally pay full price and receive some form of payment in the mail. In order to receive your rebate payment, you will have to apply for the rebate.
The company providing the rebate will clearly state their terms and limitations for rebates. For example, you may have to apply for a rebate within 90 days of purchase.
How Do Tax Credits Work?
A tax credit is not the same as a discount. If you are working with a contractor, you will pay for their services entirely. The savings will arrive during tax season.
A tax credit is also not automated. The federal government does not keep track of your purchases to ensure you benefit from this tax break.
Make sure your tax professional has the receipts of the work you had completed or appliances you purchased. Let your tax professional know that you are interested in the federal income tax incentive for energy efficiency home improvements. You will submit an additional form to claim your tax credit.
I Don't See My Utility Company. Are Rebates Not Available For Me?
We compiled rebate offerings from common electric and gas companies for the states within our service area. These rebates are relevant for residents of Pennsylvania, Maryland, Virginia, and West Virginia. Your power company may not be in this list, but rebates may still be available to you.
Check your energy bill for the name of your electric or gas company. You can either look on their website or call the number on your bill. Rebate offerings may be available, but companies do change their available rebates.
How Can I Maximize the Federal Tax Credit For Insulation?
The maximum amount of tax savings you can receive through the federal tax credit is $1,200. The benefit of the tax credit caps at $4,000. For projects that cost $4,000 or less, you can save 30% of the project cost through the tax credit. Any dollar spent over $4,000 will not benefit from the tax credit.
Check out our article on the federal tax credit to see a breakdown of home insulation projects that cost approximately $4,000 in our service area.