Progressive Foam siding insulation qualifies under the 2016 Energy Star Tax Credit Program for a tax credit of 10% of the cost, up to $500. The tax credit applies to improvements made through December 31, 2016, and does not include installation costs; however, you can install the insulation yourself and get the credit.
Qualified PFT products, in both original and premium series, include:
Insulated Vinyl Siding products consisting of insulation permanently adhered to vinyl siding do not currently qualify for the tax credit.
For more information, visit https://www.energystar.gov/about/federal_tax_credits/insulation.
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