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If you make qualified energy-efficient improvements to your home after Jan. 1, 2023, you may qualify for a tax credit up to $3,200. You can claim the credit for improvements made through 2032.

Energy Efficient Home Improvement income tax credits are available for central air conditioning systems, boilers, furnaces, air-source heat pumps, and biomass stoves that reach benchmarks for high efficiency. The credits apply to units purchased and installed between January 1, 2023, and December 31, 2034.

As part of the Inflation Reduction Act, beginning Jan. 1, 2023, the credit equals 30% of certain qualified expenses: Qualified energy efficiency improvements installed during the year which can include things like: Exterior doors, windows and skylights. Insulation and air sealing materials or systems.

In 2023, you can get tax credits that cover up to 30% of the costs for home energy upgrades like adding insulation or installing a new heat pump.

If you added insulation to your home in 2022 (or before): You can receive a tax credit of up to 10% the cost of the materials. If you insulation in 2023 (or after): The insulation tax credit covers up to 30% of the costs associated with installing insulation in your home—up to a maximum of $1,200 per year.