Governments worldwide are ramping up support for eco-friendly home improvements with diverse incentives. In the U.S., the Inflation Reduction Act offers generous tax credits 30% off appliances like heat pumps and solar systems, plus rebates up to $14,000 for qualifying upgrades . However, many of these credits expire at year’s end, so homeowners are urged to act now .
In Punjab, India, local regulations propose offering extra Floor Area Ratio (FAR) and fee exemptions for green-certified buildings but require strict maintenance of certification every three years, or face steep penalties .
Meanwhile, in Canada, the Hydro-Québec LogisVert program provides numerous rebates including for heat pumps, insulation, and induction cooktops while the Greener Homes Grant offers up to $5,600 for eligible eco-upgrades .
Conclusion: This year offers timely opportunities to save on sustainable home upgrades but exploring your region’s specific incentives is essential to maximize benefits before deadlines and changing regulations kick in.
