Making performance upgrades to your Chicagoland home is easier than ever. While many home improvements will pay for themselves over time and lower your energy costs right away, the upfront costs are an investment.
At ARC Insulation, we strive to provide energy-saving solutions to home comfort and health issues while also helping our customers maximize their savings. That’s why we pay so much attention to all of the incentives and rebates currently available to homeowners in our service area, including Naperville and the surrounding areas. We’re here to help you qualify for Illinois rebates and federal incentives, including:
Inflation Reduction Act Tax Credits & Rebates
The Inflation Reduction Act (IRA) is the largest act of Congress to combat climate change and allows homeowners throughout the country to afford home performance upgrades. Within the IRA are several new or revitalized tax credits and rebates, including:
25C Tax Credit
Officially named the Energy Efficient Home Improvement Credit, this tax credit will reduce your federal income tax liability by 30% of the cost of your home improvements. The 25C tax credit can be claimed every year and filed with your annual tax returns from now through 2032. The energy efficiency upgrades that qualify for the IRA tax credits include:
- $150 maximum credit for energy audits
- $1,200 annual limit for insulation and air sealing materials
The Inflation Reduction Act also includes two rebate programs aimed to incentivize energy efficiency upgrades. These rebates are not available yet, and each state is responsible for applying for both programs individually and distributing funds to their residents. The state of Illinois has not released an official release date for the IRA rebates, but ARC Insulation is keeping a close watch on any updates. The rebate programs will include:
- Home Owner Managing Energy Savings (HOMES) – This program provides rebates for home performance upgrades based on a measured amount of energy savings they provide.
- High-Efficiency Electric Home – This rebate program is designed exclusively for low to moderate income households and cannot be combined with the HOMES or any other federal grant program.
Local Incentives in Chicagoland
There are also local utility rebates and incentives available for insulation services in Naperville, Romeoville, and surrounding areas:
Save up to $1,600 on professional insulation and other weatherization services through Nicor Gas rebates. Here are the specifics:
- Air sealing – $225
- Attic Insulation – Up to $500
- Duct Sealing – $500
- Wall Insulation – Up to $350
Get up to $700 in insulation rebates with People’s Gas. Chicago insulation rebates are only available when paired with air sealing and when installed by an approved weatherization contractor—like ARC Insulation. The People’s Gas rebates are determined by either the size of your home insulation upgrade or the reduction of energy loss for air sealing.
Naperville’s Energy Efficiency Grant Program
The City of Naperville Electric Utility customers can receive $1 per square foot, up to $3,000, for insulation upgrades. These rebates are limited to 50% of a project’s total—including materials and labor—and can be doubled when paired with the installation of energy-efficient windows. Homeowners must also be a current contributor to the City of Naperville Electric Utility’s Renewable Energy Program to receive the insulation rebates.
Maximize Your Savings & Benefit Now
ARC Insulation encourages Chicagoland residents to get an energy audit before making any home performance upgrades. The best way to determine where your home needs insulation the most is to first find where it has inefficiencies. Every month you wait to upgrade your home, you’ll also be paying more for heating and cooling costs and missing out on other benefits, like:
- Increased home comfort
- Better indoor air quality
- Lowered risk of mold issues
Our team can help you qualify for, and combine, available rebates to make sure you’re getting the most from your energy efficiency upgrades—and maximizing your savings.