Posts Tagged ‘Home Insulation Grants’

 

Home Insulation Grants

Tuesday, January 28th, 2014

Home Insulation Grants - Heating and Cooling

People who want to experience considerable energy savings and protect their resources in the long term should think about insulating their homes in a professional manner. Nonetheless, this type of home improvement project requires a considerable financial investment that many families can’t afford to make.

Here is some helpful info on home insulation grants that you may want to consider.

Weatherization Grants for Low-Income Families

Families with limited financial possibilities could apply for a weatherization grant, offered by the US government. Insulation grants are provided to organizations from your very own community. All of the candidates who apply for this type of grant are carefully screened by the organization.

If you are eligible, the organization will pay for your project (materials and installation costs are usually included) or reimburse you the money. If you need more details on this topic, just call your gas company or electrical company and get the most accurate answers to your questions.

Benefit from Tax Credits

Remember that the grants mentioned above are only for low-income families. If you are not eligible for this this type of grant, you can still benefit from tax credits. Tax credits are not repayable and can decrease your tax liability.

The main drawback is that this financing option only covers up to 30% of your expenses (excluding installations). This means that you can get only approximately $1,500 through this method. It may not sound like much, compared to the total costs triggered by this home improvement project, but it’s a decent start.

Ask an Expert

Different sources may provide misleading, confusing info on home insulation grants. To shed some light on this matter, discuss your options with a heating and cooling expert. Spot the best ones in your area with Seva Call, a free service introduced to connect you with the best professionals in your area.