Time Running Out on Deadline for Home Energy Tax Credit - TAX CREDIT DEADLINE AROUND THE CORNER
[The energy tax credit deadline still leaves you some time to install money saving home heating and cooling upgrades!]_Learn about the heating and cooling upgrades you can make to your home before the deadline_ that qualify for the energy tax credit!
Many OH homeowners relied on tax credits from the Inflation Reduction Act to cut their Ohio energy [https://www.ohenergyratings.com/] bills. But earlier this year, the passing of the One Big Beautiful Bill (OBBB) cut these credits short. Now, homeowners have a deadline at the end of the year to install home energy projects to claim their tax credit. Luckily there is still plenty of time to cut energy usage and earn these credits for your 2025 taxes.
BEST HOME ENERGY IMPROVEMENTS
According to EIA surveys, over half of energy use in homes [https://www.eia.gov/energyexplained/use-of-energy/homes.php] is just for heating and cooling. This means that you can put the biggest dent in your bills by replacing old heating and cooling [https://www.energystar.gov/saveathome/heating-cooling/replace] equipment. For example, replacing a 10 year old air conditioner unit could save you up to 20% on your annual costs.
The best long-term savings come from geothermal heat pump [https://www.energystar.gov/about/federal-tax-credits/geothermal-heat-pumps] systems. Energy Star certified systems use 61% less energy than standard models and can save y...
