If you were planning a home energy upgrade because you heard about generous federal tax credits through the Inflation Reduction Act (IRA), you’re not alone. Over the past couple of years, many Rhode Island homeowners have asked us how those incentives work, and whether they’re still available.
The short answer? Many of the Inflation Reduction Act energy efficiency tax credits homeowners were counting on are no longer available, have expired, or are not accessible in the way originally expected.
The good news? Rhode Island homeowners still have access to valuable local rebates and incentives through Rhode Island Energy, and they can make a big difference in the cost of upgrading your home.
Let’s break down what’s changed and what’s still available.
What Happened to the Inflation Reduction Act Tax Credits?
While some federal incentives remain limited in scope, many of the broader, easy-to-access tax credits homeowners expected are no longer available. If you’ve been waiting on federal tax credits to move forward with a project, you’re not alone, but waiting may not be your best option.
Savings Still Available: Rhode Island Energy Incentives
While federal tax credits may be limited, Rhode Island Energy continues to offer valuable rebates that can significantly lower the cost of upgrading your home’s heating and cooling systems.
CARJON is proud to be a qualifying contractor with Rhode Island Energy, which means our customers are eligible for substantial savings on energy-efficient equipment upgrades, and long-term savings on energy use once those systems are installed.
Available Rhode Island Energy Rebates Include:
Boilers: Up to $800 in rebates
Furnaces: Up to $550 in rebates
Heat Pumps & Mini Splits: Rebates range from $150 per ton up to $1,250 per ton
The exact rebate amount you qualify for depends on factors such as:
Your current heating system
The type of heat pump or mini split installed
System size and capacity
These incentives can dramatically reduce upfront costs while helping you lower monthly energy bills for years to come.
Additional Savings with Clean Heat Rhode Island
In addition to Rhode Island Energy rebates, homeowners installing qualifying heat pumps or mini splits may also be eligible for Clean Heat Rhode Island rebates.
Eligible systems can earn up to an additional $1,000 per ton, and the best part is: These rebates can be combined with Rhode Island Energy incentives, maximizing your total savings on high-efficiency heat pump installations.
Let CARJON Help You Maximize Your Savings
Rebate programs come with specific requirements, qualifying equipment lists, and installation standards, but you don’t have to navigate them alone.
Reach out to CARJON to learn:
Which systems qualify
How much your home may be eligible to receive
How to combine multiple incentives for maximum savings
Since 1989, we’ve helped Rhode Island homeowners make smart, cost-effective comfort upgrades, and we’re here to help you do the same.
While the Inflation Reduction Act tax credits are no longer available, Rhode Island Energy incentives are still going strong, and they can make a real difference.
If you’ve been putting off an upgrade because you weren’t sure about incentives, now is the time to take another look.
