Penn State Extension will offer an Inflation Reduction Act (IRA) Energy Efficient Home Improvement Credit webinar on Thursday, March 16, at noon.

The IRA provides tax incentives for homeowners to invest in energy-efficient home improvements. These incentives are designed to encourage homeowners to make their homes more energy efficient, which may help reduce energy consumption and lower utility bills. Homeowners may claim a credit of up to 30% or a capped amount of the cost of specific energy-efficient home improvements. Energy-efficient improvements that might qualify are windows, doors, energy audits, and heat pumps. Homeowners can claim the credit on their federal income tax return.

During the webinar, Penn State Extension educators will provide information based on guidance from the IRS about what might qualify and the various stipulations. An electric bill will be reviewed to determine what the different numbers and charges mean. An Extension educator will discuss heat pumps, a focus of the tax credits, and how they function. An electrical contractor will also be available to give general advice and answer questions about upgrading electrical components eligible for the Energy Efficient Home Improvement Credit.

The webinar is free. Preregistration is required http://www.bit.ly/energyMarch2023. Registered participants will receive a recording. Any questions about this webinar may be directed to Joseph C. Conklin at juc50@psu.edu.