Unlock Savings for Your Home: Explore Federal, State & Utility Benefits - Let GHPS Be Your Partner

Investing in your home's comfort, efficiency, and value can be more affordable than you think, thanks to various benefits offered at the federal, state, and local levels. Whether you're planning energy-efficient upgrades, considering solar power, or making other valuable improvements, understanding these incentives can lead to significant savings. At GHPS (Groovy Home and Property Services), we're here to help homeowners navigate these opportunities and bring their home improvement visions to life .

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Federal Home Improvement Benefits

The federal government provides several incentives to encourage homeowners to invest in their properties, particularly focusing on energy efficiency and renewable energy.

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Energy Efficient Home Improvement Tax Credit

This valuable tax credit helps homeowners offset the cost of making qualified energy-efficient upgrades to their homes. For improvements made between 2023 and 2032, you can claim 30% of eligible expenses, with the following annual limits:

  • $1,200 annual limit for costs related to energy-efficient property, including certain energy-efficient home improvements. This includes exterior doors (with specific limits), exterior windows, skylights, insulation materials, and certain air conditioners and furnaces.
  • $2,000 annual limit for qualified heat pumps, water heaters, and biomass stoves or boilers.
  • A separate $150 credit is available for home energy audits.

This credit can significantly reduce your federal tax liability while helping you make your home more comfortable and reduce energy consumption. You'll typically need to file Form 5695 with your tax return to claim this credit.

How GHPS Can Help: GHPS can assess your home and recommend energy-efficient upgrades that qualify for this federal tax credit. We can provide expert installation services for insulation, windows, doors, HVAC systems, and more, ensuring your project meets the necessary requirements.

Residential Clean Energy Tax Credit (Including Solar)

    Investing in renewable energy systems like solar can earn you a substantial federal tax credit. The Residential Clean Energy Credit offers a credit of 30% of the cost of new, qualified clean energy property installed between 2022 and 2032. 

This includes:

Solar electric panels
Solar water heaters
Fuel cells
Small wind energy systems
Geothermal heat pumps
Battery storage technology

There are generally no income limits or upper limits on the value of this credit for most residential installations.
How GHPS Can Help: GHPS can guide you through the entire process of going solar, from the initial assessment of your property's suitability and designing a custom solar system to professional installation and system activation. We ensure your system is eligible for this significant federal tax credit.

State Home Improvement Benefits

Many states offer their own incentives to encourage home improvements, often focusing on energy efficiency and renewable energy. These benefits can vary widely depending on your location.

South Carolina Solar Energy Tax Credit

South Carolina homeowners who install a solar energy system can take advantage of a state tax credit equal to 25% of the total system cost. This is a significant benefit, but it does come with some limitations:

The maximum credit you can claim in a single year is $3,500.

However, you can claim this credit annually for up to 10 years, until the full cost of the system (minus any federal credits) is recovered.

How GHPS Can Help: GHPS can ensure your solar installation meets all South Carolina requirements to qualify for this state tax credit. We can help you understand the application process and provide the necessary documentation related to your project to support your tax claim.

Electric Company Benefits & Incentives

Your local electric company may also offer rebates, incentives, or programs to encourage energy efficiency and the adoption of renewable energy. These can include:

    Rebates for Energy-Efficient Appliances: Many utilities offer rebates on the purchase of ENERGY STAR® certified appliances like refrigerators, washing machines, and air conditioners.

    Incentives for HVAC Upgrades: You might find rebates for installing high-efficiency furnaces or heat pumps.

    Smart Thermostat Rebates: Some companies offer incentives for installing smart thermostats that help manage energy usage.

    Solar Rebates and Programs: As seen with Duke Energy's PowerPair program (primarily in North Carolina), utilities may offer specific rebates or incentives for installing  solar energy systems and potentially battery storage. These programs often have specific requirements and limited availability.

    Energy Audit Programs: Some electric companies offer free or discounted home energy audits to help you identify areas for improvement.

How GHPS Can Help: GHPS can often work with you to understand the incentives offered by your local electric company. For example, we can help ensure your solar installation meets the requirements for utility interconnection and potential rebates. We can also guide you toward energy-efficient appliances or HVAC systems that might qualify for utility rebates.

It's essential to check with your local electric company directly to learn about the specific programs and incentives they offer. Their websites usually have a dedicated section on energy savings or rebates.

How GHPS Makes Your Home Improvement Journey Easier

Truly it was a great journey, and in it I met with many, whom to know was to love; but whom never could I see again. It seems to me that a view of the heavenly bodies through a fine telescope

Expert Guidance

Our team at GHPS can provide knowledgeable advice on a wide range of home improvements, helping you choose options that not only enhance your home but also qualify for available benefits.

Quality Services

We are committed to delivering high-quality installation and repair services for energy-efficient upgrades and solar energy systems.

Navigating Complexity

We can help you understand the requirements and processes for accessing federal, state, and utility benefits, making it less overwhelming.



Important Note: While GHPS can guide you on potential benefits, we do not provide tax advice. Consult with a qualified tax professional for personalized guidance on your specific tax situation. Always verify the latest details and eligibility requirements for any federal, state, or utility programs directly with the relevant agencies or companies.