If you’re looking to affordably upgrade your home with more efficient and environmentally-friendly electric appliances and equipment, you can save money by taking advantage of a range of incentives offered through your state, county, city, utility provider, or community choice aggregator. The best part is that many of the aforementioned incentives can be combined, or what’s commonly referred to as “stacked,” with those offered through the federal Inflation Reduction Act (IRA) for maximum savings. You can explore incentives based on your unique project and zip code, using The Switch Is On Incentive Finder.
Electrification incentives: your quick guide
- Tax credits can save you money. Claim tax credits for all your electric appliances, equipment, or electrification upgrade projects without combination restrictions.
- Timing is everything. There are no retroactive incentives, which means you can’t go back and claim them later. Most incentives in your state must be active and operational at the time of application to qualify.
- Federal incentives can be stacked. IRA federal incentives can be combined or stacked with state, city, and utility incentives, to maximize your savings.
- Local incentives can be stacked. State, city, and utility incentives can also be stacked together and claimed for all your appliances, equipment, or upgrade projects, with no combination restrictions.
Check out the stories of how these people stacked and maximized electric incentives:
