If you’ve been considering home improvements or a renovation, you might be considering how to make your home more energy-efficient. When budgeting for your upcoming remodel, consider some of the federal and local programs that can help to offset your costs beyond the long-term savings that come with going green.
The IRS has recently updated its FAQ page for energy incentives for individuals. Among the updates are incentives for alternative energy equipment, energy-efficient exterior windows, doors, and skylights, certain types of rooves, and insulation. There are tax credits available for qualified efficiency improvements and residential energy property expenditures for the tax years 2018-2021. Discuss these credits with a tax professional as limitations apply.
Dominion Energy also offers many consumer resources, including discounts on Energy Star appliances and a program to help offset the cost of an electric vehicle (EV) charger. If you’re considering a new construction, Dominion also offers information on building an Energy Star Certified home. Check out Dom.com for more info on saving energy in your home.
Lane Homes and Remodeling has over 35 years of experience helping Richmond families to design their dream and build their future. If your dream remodel includes green features, our award-winning team of design consultants and draftsmen would love to hear from you. Get started at LaneBuilt.com/quote.