Energy Efficiency Tax Credits Ending for OH Home Owners - OH HOME OWNER TAX CREDITS ENDING SOON
[Federal tax credits for energy efficiency upgrades end this year. Find which energy upgrades may now cost you more!]_A newly signed federal law will end tax credits for homeowners who want to install energy efficiency upgrades. Find out why these will cost you more next year and why your energy utility bills could rise, too._
It's been less than a month since the One Big Beautiful Bill (OBBB) was signed into law. But it's already shaking up the future of Ohio energy choice and it doesn't look good. For example, the law will end energy efficiency tax credits by January 1. This may mean larger summer electric bills [https://www.ohenergyratings.com/resources/high-ohio-electricity-bill] and higher winter gas bills. So Ohio homeowners need to know how this law could affect their energy bills. Let's unpack what Ohio may see coming as a result of this new law.
END OF OHIO TAX CREDITS
For many homes and businesses, the energy tax credits were a welcome relief. Originally, homeowners could claim tax credits up to $3,200 for home energy upgrades [https://www.irs.gov/instructions/i5695] made through 2032! The Clean Energy Credit [https://www.irs.gov/credits-deductions/residential-clean-energy-credit] also helped make home solar more affordable. Its tax credits cut up to 30% of costs for any project between 2022 and 2032.
However, the OBBB now cuts off programs. Now you can only cla...
