Inflation Reduction Act Hvac 2024. In august of 2022, the federal inflation reduction act (ira) was signed into law, authorizing many new programs, tax credits, and rebates designed to help households,. Here’s how to save on electric vehicles, solar panels, heat pumps, and more via tax credits and rebates.

Homeowners can qualify for a tax credit of 30% for the purchase and installation of a qualified heat pump, up to $2,000. President joe biden signed the inflation reduction act (ira) into law on august 16, 2022, with a goal of helping households save money on energy bills, improve.