Resources for affordable energy upgrades
While New Yorkers are not required to go All Electric in their current homes, programs are already in place to assist families who want to reduce their carbon footprint. See if you may qualify:
EmPower NY provides no-cost energy efficiency solutions to income-eligible New Yorkers, helping nearly 160,000 families to date. Renters and homeowners both qualify for these free upgrades.
The federal Inflation Reduction Act includes tax credits and rebates that can help save you thousands on energy-efficient home renovations, appliances and vehicles purchased this year. This includes up to $7,500 in tax credits for electric vehicles and charging equipment.
The Energy Efficient Home Improvement Credit can save you up to $1,200 a year for upgrades like insulation, doors, windows and skylights and home energy assessments, as well as high efficiency central air conditioning. Water heaters and heat pumps may also qualify.
The Residential Clean Energy Credit includes eligible rooftop solar panels, wind turbines, geothermal heat pumps and standalone batteries to store electricity. If you choose to install any of these in your home, you may qualify for a 30% tax credit. Qualifying expenses include labor, permits, and inspection, with no cap on the total purchase price.