Financial Incentives for Renters
The Inflation Reduction Act of 2022 provides tax credits and rebates that may apply to renters. Tax credits have been available to claim since January 1, 2023 and are defined here. Rebates are expected to be made available in Virginia in early 2025. Stay tuned to the VA Energy IRA Rebates website for updates. Energy efficiency upgrades that may be applicable to renters include:
The Weatherization Assistance Program (WAP) provides funds to reduce the heating and cooling costs for low-income renters. Tenants must have written permission by the property owner to receive weatherization work. Please note that program eligibility includes particular income limit restrictions that may make the program inaccessible to some. See income limits for eligibility here.