3 Energy Incentives Available for Indiana Residents

Energy Costs Despite the overturned energy efficiency standard in Indiana, the state still offers benefits to homeowners who want to spend less on electricity. For one, it has a low average retail price per kilowatt-hour. Moreover, utility companies continue to offer rebates and other incentives to help residents maintain a more energy-efficient home.

Legacyheatingandairinc.com lists some of the incentives you can enjoy in Indiana.

 1. Prescriptive Rebates

Prescriptive rebates are incentives you get when you follow the energy-saving guidelines set by the utility companies. For example, you can claim a rebate if you change your fluorescent lamps to LEDs. In Indiana, companies such as Citizens Gas and Vectren offer prescriptive rebates for those who are using natural gas furnaces, boilers, and efficient lighting.

2. Appliance Recycling Program

Appliances such as your old refrigerator may be consuming too much electricity. Indiana Michigan Power pays you can get $40 when you participate in its appliance recycling program and give up items that consume too much power. You can call the company to pick up the items from your house.

3. Federal Tax Solar Credit

Lower your federal taxes by switching to solar energy. When you do so, you can take advantage of the federal tax credit that is equal to no more than 9 percent of the total cost of retail for the air conditioner or heat pump that’s solar ready. You can also maximize it by claiming up to 30 percent of the cost of the installation of the solar modules. This tax credit is applicable until 2021, so there’s more time to invest in solar.

Over the past few years, Indiana has been hitting snags in its wish to become more energy efficient, but it happens in many other places. The most important thing is there’s still support available, and you can make the most of them. Start calling for system specialists like your Indiana furnace service company to enjoy great savings on heating, ventilation, and air-conditioning.