Summit County Market Insider | August 2025

Were you planning on adding solar panels to your home, replacing an old gas water heater with a new heat pump model or making other energy-saving improvements? You might have been counting on federal energy incentives to help pay for these upgrades. If so, you need to act quickly, as they’re phasing out over the next year. That can make these projects much more expensive, even with state incentives remaining in place where available and the resulting reductions to your energy bill. Here’s what you need to know to maximize your savings on energy efficient home improvements.

“Our clients have saved anywhere from $10,000 to hundreds of thousands depending on the specific incentive and the life span of the energy savings,” shares suburban New York sustainable luxury builder Sam Fertik of Carbon Custom Builders. “The savings go beyond the upfront costs: choosing to install these efficient systems not only reduces environmental impact but increases property values and significantly decreases the costs of ongoing utility bills.”