Rebates & Tax Credits for Better Home Insulation

Spray Foam Insulation Tax CreditRebates, Tax Credits & Savings for Oklahoma Homeowners

Which areas of my home should I insulate?

Retrofitting your home with spray polyurethane foam or buying a new home that contains spray foam insulation may qualify you for rebates, tax credits, and other incentives in Central and Northeast OK. The tax credit applies only to improvements made to the building envelope (the area along the perimeter of the home that separates the living space from the outside) and includes attics, foundation and exterior walls, basements and crawl spaces.

Spray Foam Insulation Calculators

According to the US Department of Energy, up to 45 percent of a home’s energy loss is through the attic, but the amount of heat actually lost will depend on where you live and how cold your attic gets. Therefore, homes in colder climates require higher insulation values. Recommended attic insulation levels range from R19 in the southern most parts of the US to R49 in the northernmost. Consult your local building authority for recommended levels in your area.

Click through to calculate the tax credits, rebates & savings for Oklahoma.

Section 25C of the Internal Revenue Code

The 25C tax credit is available to businesses and homeowners who make certain energy-efficient improvements to their properties.

Under Section 25C of the Internal Revenue Code, businesses can claim a tax credit of up to 10% of the cost of certain energy-efficient improvements, such as insulation, windows, doors, roofs, and HVAC systems. The maximum credit for a business is $5000.

To be eligible for the credit, the improvements must meet certain energy efficiency standards, and they must be made to an existing building, not a new construction. The improvements must also be installed by a qualified contractor, and the taxpayer must keep records of the purchase and installation costs.