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IRA Updates


WHAT WE KNOW

Inflation Reduction Act: Tax Breaks, Rebates, and Incentives

If you purchase a heat pump, you may be eligible for federal and state tax credits and rebates worth thousands of dollars. Several provisions of the Inflation Reduction Act encourage homeowners to upgrade their homes to be energy efficient. This includes incentives for new HVAC systems.



A number of provisions in the Inflation Reduction Act encourage homeowners to upgrade their homes to be more energy-efficient. The greatest amount of credit and rebates are available for heat pumps, which heat and cool your home instead of furnaces (or boilers) and air conditioners. Heat pumps can be a sustainable way of controlling indoor temperature when combined with cleaner electricity sources.

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