Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

You Can Save $10K NOW With These Climate Tax Breaks

March 28, 2023 · Taxes
climate
Image By NicoElNino From Shutterstock

Energy-Efficient Appliances

The good news is that the program rewards you if you have been considering getting an energy-efficient appliance. These products are considered better for the environment because their impact on emissions and energy consumption is calculated to be lower. These are the products that are going to help you qualify for these tax credits, and how much each of them is going to give you.

You can get $300 in tax credits if you get heat pumps with an air source from Energy Star. Likewise, you also get $300 for Energy Star central air conditioning units.

If you have had your eye on an Energy Star boiler that is powered by gas, the tax credit will be $150. In addition, if you purchase a fan or furnace powered by propane, gas, or oil, you will receive a $150 tax credit.

For Energy Star water heaters that run on gas or electricity (non-solar), you can get a $300 tax credit. And if you have a main circulating fan that does not require more than 2% of the energy produced by your furnace, you can get $50.

With this type of climate tax break, you can end up earning tax credits that can amount to a total of $1,250!

Pages: 1 2 3 4 5 6 7

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Posts

  • snap Amazon Refund: How Much You Could Receive
  • amazon prime, money Here’s How to Get Your Refund From Amazon’s $2.5B FTC Settlement
  • social security, Social Security task Who Will Receive Social Security Payments on January 14, 21, and 28?
  • Holiday Scam 10 Holiday Tax Scams That Turn Your Ho-Ho-Ho Into Oh-No!
  • 5 Costco Products That Cost More Due to Trump’s Tariffs

Related Articles

save

6 New Ways Retirees Can Save on Taxes This Season

#3 Adding to a 529 account! It may not be something that you have on…

Read More →
tax deductions, change

10 Tax Deductions to Benefit From if You’re Self-Employed

As a self-employed person, you must handle your own taxes, or you can hire an…

Read More →
Tax

5 Tax-Efficient Ways to Share Wealth with Kids

Have you thought about how your taxes could affect your child’s financial future? Parents and…

Read More →

Warning: 9 Reasons The IRS Can Audit You Anytime

3. Self-Employment You must know that the IRS tends to examine self-employed individuals carefully. Especially…

Read More →
tax deductions, save

Top 9 Most Hassle-Free Deductions on Taxes

Out-of-pocket charitable contributions No one can overlook the big charitable gifts you have made during…

Read More →
A graph showing the comparison between a standard deduction amount and itemized deductions for a retired couple, illustrating which option results in lower taxable income.

10 Overlooked Tax Deductions for Retirees

2. Medical Expense Deductions As we age, healthcare costs often become one of our largest…

Read More →
tax breaks for homeowners

7 Tax Breaks for Homeowners and Home Buyers

Owning a home is a key part of the American Dream. Whether you fancy a…

Read More →
tax documents

7 Important Tax Documents to Never Throw Away

There are some important tax documents most people end up getting rid of or misplacing…

Read More →
stimulus check

2023: Will You Get a Stimulus Check? Let’s Find Out!

Stimulus checks A handful of states were able to offer stimulus payments this year because…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.