As many Michigan residents consider upgrading to energy-efficient appliances and technologies, Rewiring America provides crucial support. This Washington, D.C.-based nonprofit has introduced a Michigan-specific calculator to aid homeowners and renters in estimating potential savings from clean energy incentives and tax credits offered by the Biden-Harris Administration’s Inflation Reduction Act (IRA) and various state, local, and utility programs.
The Michigan Energy Efficient Upgrade Savings Calculator, accessible via the Michigan Department of Environment, Great Lakes, and Energy’s (EGLE) website, allows users to calculate savings on technologies like heat pumps, induction stoves, electric vehicles (EVs), and EV chargers.
By simply entering a few household details into the calculator, Michigan residents can receive personalized estimates of potential savings on electric appliances and energy-saving technologies, alongside helpful resource links.
On average, Rewiring America reports that U.S. households could receive about $10,600 in federal incentives, which could lead to an annual saving of approximately $2,000 on energy bills.
Curious about how much you could save? The calculator offers a quick and user-friendly way to find out. Here’s a glimpse into potential savings for residents in various Michigan cities, based on household and income details:
- Ann Arbor: Renters could receive significant rebates on new electric vehicles and chargers.
- Detroit: Renters might be eligible for substantial discounts on heat pumps and federal EV credits.
- Goodrich: Homeowners can save on various heating systems and possibly qualify for new federal programs.
- Grand Rapids: Homeowners interested in solar power can benefit from uncapped federal tax credits.
- Kalkaska: Renters could obtain a hefty federal credit for new or used electric vehicles.
- Marquette: Homeowners may get rebates on heat pump installations and weatherization.
- Wayland: Homeowners can receive rebates on water heating solutions and more.
Governor Gretchen Whitmer highlighted the benefits of the online tool during its launch at the Clean Economy and Community Impact Summit, emphasizing the cost savings, job creation, and environmental benefits tied to adopting energy-efficient solutions.
For more details on how to leverage these clean energy incentives, Michigan residents can visit EGLE’s climate and energy funding opportunities webpage.