Indiana Insulation Tax Credit

Adding adequate insulation is one of the most cost effective home improvements that you can do.

Indiana insulation tax credit.

Home insulation bulk insulation products may also qualify for a tax credit if they meet energy star standards. 10 of the cost up to 500. County city and utility incentives. 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.

Typical bulk insulation products can qualify such as batts rolls blow in fibers rigid boards expanding spray and pour in place. While there are no limits to how much a donor can contribute to a qualified sgo the entire tax credit program cannot award more than 14 million in credits per state fiscal year of july 1 2018 june 30 2019. Indiana rebates savings which areas of my home should i insulate. Additional tax credit programs can be found by visiting the indiana economic development corporation.

Spray foam insulation calculators. The amount of credit is equal to 50 percent of the amount of the contribution. The database sorts information by location. Business and industrial tax credits.

A database by energy gov provides information on local incentives offered by indiana counties cities and utilities. You can claim 10 of the cost with a maximum limit of 500.