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Your email address will not be published.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

  • 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
  • protect your wallet from inflation 6 Bills That Changed After Trump Returned to Office

Related Articles

retirement

10 Ways to Cut Down on Taxes in Retirement

Retirement is meant to be easy, but with inflation rising, the overall situation is more…

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 →
death taxes

13 US States With the Highest Death Taxes

3. Hawaii Estate tax: Yes Estate tax rates: 10%-20% Estate tax exemption level: $5.49 million Hawaii…

Read More →

Did You Know About These 5 Veteran Tax Breaks?

There are special tax breaks that are available for veterans only! Whether you are a…

Read More →
income tax, change

These 9 States Have No Income Tax

Everyone wants to have their tax rates reduced. But this isn’t as impossible as some…

Read More →
retirees

Moving Abroad? These 9 Countries Don’t Tax Retirees at All!

3. Portugal If you’re thinking about spending your retirement years in Europe, then Portugal is…

Read More →
tax

7 Random Things You Will Get Taxed For

3. Buried Treasure Any treasure you find is taxed, too. In September 2020, a lucky…

Read More →
change return

9 States That Made Big Changes to Their Tax Laws

#3 Arkansas While this change will not impact every taxpayer individually, it is something that…

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 →
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.