From the McHenry County Environmental Defenders:
On Monday Nov. 27, Environmental Defenders of McHenry County Host Last Public Session of 2023 to Inform Residents of State & Federal Incentives Available for Energy Efficiency & Electrification
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Becoming energy efficient, or using less energy for the same services, is one of the easiest and most cost-effective ways to reduce energy use. And right now, there are tremendous federal and state incentives to help homeowners and renters to cut their energy footprints.
On Tuesday November 27th, the Environmental Defenders of McHenry County will host a free in-person informational session on tax credits and rebates available to residents for improving the energy efficiency of their homes and switching their appliances and cars to electricity.
Marina Minic from the Citizen Utility Board (CUB) will lead the session from 6-7 pm at the McHenry Township Recreation Center, Bldg B, 3519 N Richmond Rd, Johnsburg.
Between the Inflation Reduction Act (IRA), federal legislation passed in 2022, and the Climate and Equitable Jobs Act (CEJA), a state act passed in 2021, several tax credits and rebates are available for energy efficiency and electrification for residents in our county.
Low and Medium Income (LMI) residents can often receive higher incentives.
This includes tax credits for weatherization, renewable energy, battery systems, electric vehicles, and rebates for electric appliances.
According to CUB’s Guide to the Inflation Reduction Act, here are two examples of what is available:
- Starting in 2023 and for each year for the next decade, all consumers can claim a tax credit for 30 percent of the cost of qualified projects that improve efficiency, up to $1,200 annually.
- The Inflation Reduction Act includes $263.6 million to help low and moderate-income Illinoisans transition away from natural gas over the next 10 years. The funding should become available in spring or summer 2024 and consumers with income below 80% of the Area Median Income (AMI) can claim a rebate covering the full cost of electric appliances, up to a $14,000 cap. Consumers with income below 150% of the AMI can get 50% off the cost of appliances up to $14,000.
To learn more, visit the Defenders resources page at https://tinyurl.com/4energysavings. To stay updated on future in-person and virtual informational sessions, sign up at https://tinyurl.com/signup4energysavings
The Environmental Defenders of McHenry County is the recipient of a grant from McHenry County’s Community Development Block Grant and HOME Investment Partnerships Program to inform and educate McHenry County residents about the various incentives and rebates they can utilize to improve their energy efficiency and transition to cleaner forms of energy. The Defenders can be reached at 815-338-0393 or firstname.lastname@example.org.