Federal tax credits and rebates are available for energy-efficient technologies.
Thanks to the Inflation Reduction Act (IRA), federal tax credits are now available when you invest in specific heating, cooling, and water heating appliances that are highly energy efficient. Tax credits are a direct reduction of your federal income taxes. Rebates are soon to be available for energy-efficient technologies for income-qualified customers. And commercial incentives also are available for renewable energy technologies.
Contact your tax professional or accountant regarding application of federal tax credits.
For more information, visit the following websites:
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Find an Energy ExpertUpdate your appliances to ENERGY STAR® and get rebates.
Install a Level 2 charger on an off-peak rate and get a $500 rebate. Save even more by charging with one of our off-peak rates, including Minnesota's Drive On Electric Vehicle Rate.
Install the most efficient and environmentally friendly heating and cooling system on the market and start saving big!
Upgrade your home's insulation to make it more energy efficient and get up to $2,800 back!