Hi - while the Inflation Reduction Act recognizes and funds landscape architecture approaches to address climate change — from active transportation projects like Complete Streets and recreational trails, to nature-based water infrastructure, community tree planting, ecosystem restoration, and more. However this may come in the form of a grant for example or local funding, but currently there are no tax credits or other incentives from a tax perspective included.
As for the Energy Credit for windows, the credit was extended to 2022 with the Inflation Reduction Act, and is worth 10% of the costs of installing certain energy-efficient insulation, windows, doors, roofing, and similar energy-saving improvements in your home. There is a $200 lifetime limit for new windows. However, beginning in 2023, there are expansions to the credit - the max will be $600 for exterior windows and skylights.
The Inflation Reduction Act also expands the credit limits:
Beginning in 2023, they will be:
- $150 for home energy audits;
- $250 for an exterior door ($500 total for all exterior doors);
- $600 for exterior windows and skylights; central air conditioners; electric panels and certain related equipment; natural gas, propane, or oil water heaters; natural gas, propane, or oil furnaces or hot water boilers; and
- $2,000 for electric or natural gas heat pump water heaters, electric or natural gas heat pumps, and biomass stoves and boilers (for this one category, the $1,200 annual limit may be exceeded).
Improvements such as paint, and other general improvements are not eligible for an energy improvement.
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