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Financial Incentives

30% Federal Energy Tax Credit - starting 2023

 

New Federal Tax Credit for Weatherization Energy Improvements.   Up to $1,200 each year.

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$150 Federal Tax Credit for Home Energy Audit

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Solar tax credits increased to 30%

MassSaves Energy Program

 

For MA NSTAR and National Grid customers – free home energy audit, FREE air sealing measures and 75% of insulation work paid for by program.   Other incentives available for heating systems and low interest loans.

Inflation Reduction Act - Numerous Incentives

 

The IRA includes a number of financial incentives for energy efficiency, renewable energy and more.   Check with your tax professional and IRS for additional information. 

Low Interest Financing

 

Energy loans are available depending on availability and which utility program you qualify for.  Rates range from 0% (up to $2,000) to 2%.  Home Equity Loans are an alternative, and check to see if interest is tax deductible.

NHSaves 2023 pays for 75% (up to $6,000) of Weatherization Energy Improvements.

 

Through the NH utilities, upon qualification you can get instant rebates for 75% (up to $6,000) for approved energy improvements like insulation and air sealing measures.  LIMITED OFFER

Comprehensive Home Energy Audit for $100

 

Upon qualification into the NH energy program, you can get the audit for a co-pay of $100 ($500 value).   This provides a roadmap to the recommendations for energy savings.  And includes written report and proposal.

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