Adding adequate insulation is one of the most cost-effective home improvements that you can do. You can get a tax credit worth 10% of the cost (not including installation/labor costs), up to $500. To qualify, the insulation must be installed in your “principal residence” between January 1, 2012 and December 31, 2013.
Products that air seal (reduce air leaks) can also qualify, as long as they come with a Manufacturers Certification Statement ( click here to download ), including:
- Weather stripping
- Spray foam in a can, designed to air seal
- Caulk designed to air seal
- House wrap
Where can I get more information on the tax credit? You can learn more about the Tax Credit at the Energy Star website.