Category: Uncategorized

6 Things To Keep In Mind About The 2023 Insulation Tax Credit

You might already know that high-quality insulation can save you money on your monthly energy bills, but did you know that there are other ways to get a return on your investment? Learning about the insulation tax credit and how it works can grant you even more savings with minimal effort. The professionals at Foam Bear Tampa are here to teach you all about the insulation tax credit and things you should keep in mind when claiming your well-deserved discount!

What Is Insulation Tax Credit, And What Does It Mean For Me?

The topic of energy efficiency grows more serious by the year, and not just because people are looking to save money in response to rising inflation. The quality of our earth is at stake, and now the government is offering incentives for citizens to play their part. One of the greatest motivators is the insulation tax credit which offers a return on new insulation installation. This tax credit is available to anyone willing to reduce their home’s energy consumption.

Read more > 90% Of Homes Are Under-Insulated – 4 Reasons To Make Sure Yours Isn’t

With enough people taking advantage of this incentive, we may actually see improvements in our planet’s ecosystem! Before you get started, here are a few things to keep in mind:

1. Get A Load Of The New Tax Increase!

The insulation tax credit is fairly new, but the federal government is kicking things up a notch by increasing the amount you can claim from 10% to a whopping 30% of your insulation costs! This makes now the perfect time to redo your home’s insulation on a budget.

2. Don’t Forget To File Before The Deadline

With the recent increase, you definitely don’t want to miss out on the insulation tax credit. Nothing would be worse than going through with installing new insulation just to not qualify because you didn’t file by the deadline. Make sure you stay on top of your taxes so you can reap the benefits!

3. Make Sure You’re Signing The Right Forms

This might go without saying, but you need to sign the correct forms in order to receive the insulation tax credit. You’d be surprised at how this step can be overlooked if your tax person is inexperienced (or rusty) or if you attempt to do your taxes yourself.

4. Be Aware Of The Insulation Tax Credit Limit

The insulation tax credit may have increased to 30%, but there’s still a cap on how much you can claim in case you happen to have an incredibly high bill from your insulation company. Before you have a chance to get disappointed over not receiving as much as you thought you would, you’ll want to double-check the limit on how much you can claim.

5. Keep All Documentation Regarding Insulation Purchases And Installation

Just like how you would keep a record of every maintenance or repair on a new car, you’ll want to hand on to anything having to do with your new insulation purchase and installation. When filing your taxes, you may be asked to provide an exact amount or the name of the company you hired to upgrade your insulation.

6. The Best Type Of Insulation For Maximum Benefits

Spray foam insulation by far has the highest R-value for home insulation which means that it’s guaranteed to bring down your energy usage compared to other materials. The way it expands to close up gaps also plays a huge factor. You can learn even more about the benefits of spray foam when compared to different types of home insulation.

Get Your New Insulation From Foam Bear Tampa!

Get the most out of your insulation tax credit by hiring Foam Bear Tampa for high-quality spray foam products and expert installation! We even offer flexible financing options for a payment plan that fits your budget. Call (727) 580-1090 to get started with a free estimate.

What Is Roof Ventilation & Why Is It Important?

Airflow in the home is essential, but knowing this fact isn’t always enough to promote a healthy indoor environment. The average homeowner will make efforts to change out air filters, invest in a high-end AC unit, or simply crack the window to stimulate the air. However, it’s also crucial to pay mind to your roof ventilation and insulation. That’s why your trusty professionals at Foam Bear Orlando will be teaching you about the importance of roof ventilation and how you can get the best results with assistance from premium spray foam insulation.

Roof Ventilation: A Closer Look

Most people’s attic spaces are prone to housing stagnant air since these rooms typically see little activity, if any. If you don’t use your attic, then this may not seem like a problem. However, any issues that arise in your attic can carry over to the rest of the home. This includes inconsistencies with the temperature, mold from condensation, and the invasion of pollen and allergens. Encouraging proper airflow with the help of roof ventilation can help prevent all of these occurrences.

There are multiple ways to achieve decent airflow with roof ventilation with some requiring powered components while others promote more natural methods. Depending on the building’s layout and your preferences, there might be some solutions that are more effective than others but the overall idea is to prevent problems that arise from the stack effect by keeping the air circulating. But even the best roof ventilation systems may not work like they should if the house has poor insulation.

How Spray Foam Insulation Helps With Roof Ventilation

Remember all of those problems we mentioned earlier that happen with poor roof ventilation? Spray foam can play the vital support that roof ventilation systems need to prevent all of those issues. Other types of insulation aren’t as capable of supporting roof ventilation because they don’t expand and seal up gaps like spray foam can, and that’s the essential trait that’s needed to keep natural occurrences from having a negative effect on indoor environments.

Spray foam insulation can stop drafts, manage condensation, and maintain temperatures. By working hand-in-hand with effective roof ventilation, spray foam can help you achieve an ideal and healthy atmosphere that can keep you comfortable and preserve your well-being. But where can you find experts near you who can equip your home with top-quality spray foam? Just leave it to us!

Can I Have Spray Foam Without Roof Ventilation? If your spray foam is installed well enough, it’s possible that you may not need roof ventilation in the first place. Your attic space may still have low air circulation, but spray foam still acts as a proactive measure against moisture, pests, pollen, allergens, and more. If you’re still unsure, just ask a professional like the ones at Foam Bear Orlando. Learn more > Do I Need Roof Vents If I Have Spray Foam Insulation?

Call Foam Bear Orlando For Reliable Spray Foam Near You!

At Foam Bear Orlando, we do more than just carry top-brand spray foam products. We are also trained, knowledgeable, and experienced in installing your spray foam insulation for optimal results. Call (727) 580-1090 today to learn more about our products and expertise before receiving a free estimate!