If you’re a Kentucky homeowner, you may be surprised to know that there are many ways to save on your next home improvement project. One of the best ways to maximize your savings is by retrofitting or re-insulating your home.
This will significantly enhance your home’s overall energy efficiency, saving you hundreds in utility bills each year, and put money back in your pocket through federal tax credits and state rebate programs.
In this blog, we’ll break down everything you need to know about these valuable programs, how to qualify and where to get the services you need so you can snag these benefits.
Energy Rebates & Tax Credits for Your Kentucky Home
Now that you know how you can save more, let’s dive deeper into the specifics of two of the most common incentives homeowners can take advantage of. Here, we’ll cover eligibility requirements, incentive types and maximum incentive limits.
2022 Inflation Reduction Act
Under this federal tax credit program, eligible properties must be located in the U.S. and be existing homes that are being improved upon, not new structures.
With a maximum incentive of up to $1,200 per year, this program offers homeowners a significant boost in their efforts to enhance energy efficiency and lower utility costs.
Duke Energy Smart Saver Program
This is a utility rebate program specific to attic insulation. To qualify for this program, your attic needs to be over 1,000 square feet of air-conditioned space. You also need to be a Duke Energy residential electric service customer living in a single-family home, condominium, townhome or duplex.
Enhancement requirements include increasing your attic insulation from an R-value of 19 or below to a minimum R-value of 30, along with a leakage improvement rate of at least 5%. With this program, you can get up to $250.
Best Energy-Efficient Insulation Options for Homes
With the help of our professionals, you’ll get insulation that best meets your energy-efficient needs, and you’ll get to choose from a variety of highly eco-friendly options. These options include:
- Spray foam: This polyurethane-based insulation is often a great choice during re-insulation projects, as it can be used in crevices and other hard-to-reach areas.
- Cellulose: One of the most eco-friendly around, consisting of up to 85% recycled materials while still being highly energy-efficient. It also requires less energy during production, reducing harmful emissions.
- Fiberglass: This is the most common insulation material installed in attics but can also be used for wall insulation and crawl space insulation.
Start Saving With Insulation Installation Today
When it comes to maximizing your energy savings, our contractors at Bluegrass Insulation are committed to delivering the high-quality insulation services you need.
No more procrastinating on your home’s next upgrade or worrying whether you’ve found the right people for the job. The savings you want are just a call away.
Give your Kentucky home the money-saving efficiency upgrade it deserves.
Contact Bluegrass Insulation at 270-282-0128 to schedule your insulation service today.