So, you’re ready to invest in new siding for your North Carolina or South Carolina home. But, you want to make sure you get the most bang for your buck. Good for you! Luckily, you’re in the right place for some help. There are a number of government rebates that can benefit homeowners who decide to have new siding installed on their houses. Here, we take a look at some of the best options that are available to Carolina homeowners like you.
It is important to note that government rebates for purchasing home renovation products may change from year to year, or even month to month in some cases, so it’s important to do your research and speak to any necessary authorities before you simply assume you will be eligible for a particular program.
Energy Star Rebates
The Energy Star program is available nationwide and is operated by the United States Environmental Protection Agency (EPA) and the United States Department of Energy. When consumers purchase various home improvement products, such as siding and insulation, and residential appliances, they may notice the Energy Star logo. This logo indicates that the product meets federal standards for low energy usage and should, over time, both save money for the owner and help the environment. Although there are mostly appliances listed on the Energy Star Rebate Finder, select types of siding are sometimes available.
United States Department of Agriculture Programs
The United States Department of Agriculture (USDA) does not always offer grants and other programs to help American homeowners with home improvement projects. However, from time to time there are options available, particularly for lower-income families. If you fall into this category, you may qualify for USDA funding to aid you with certain types of remodeling projects. In many cases, siding installation qualifies for the USDA’s grants. Contact your local North Carolina or South Carolina USDA satellite office for assistance.
Residential Energy Efficient Property Credit
The Residential Energy Efficient Property Credit was not specifically designed for siding — it is intended to be used by homeowners who have installed solar panels, solar water heaters, and other similar appliances. However, this tax credit can now be used on some insulated vinyl siding products. This is because of the extra layer of insulation that provides additional protection from the elements and, thereby, makes a residence more energy efficient. If you have questions about this credit, the Internal Revenue Service (IRS) offers an FAQ page about energy incentives.
Weatherization Assistance Program
The Weatherization Assistance Program is operated by the United States Department of Energy. It is designed to help low-income American families achieve higher energy efficiency in their homes by providing them with the money necessary to do certain updates. The program specifically states that it does not cover siding or roof installation. However, some homeowners may qualify for grants for insulation that is necessary before new siding can be put on and other energy-related expenses.
It is also worth noting that some counties and municipalities throughout North Carolina and South Carolina offer their own energy efficiency programs. Check with your local City Hall or county commissioner’s office for details about options in your area.
When you are ready to have your brand new siding installed, contact the expert team at Hatch Homes for a quote at your earliest convenience. We are here to help you every step of the way.