Replace Your Old AC Now with a Government Rebate

TL/DR –

Homeowners installing heat pumps with at least 75% thermal efficiency rating could get up to $2,000 in tax credits, and additional savings in energy costs. The Inflation Reduction Act and Energy Efficient Home Improvement Credit also provide incentives for certain updated doors, windows, insulation, water heaters, solar panels, etc. The tax rebate is applicable to any existing homes and primary residences within the United States until January 1, 2033, excluding new builds and landlord-owned properties, and has no lifetime dollar limit.

Secure up to $2000 in Tax Credits with High-efficiency Heat Pumps

Homeowners installing heat pumps having a thermal efficiency rating of 75% or higher could qualify for up to $2000 in tax credits. The savings don’t stop there though, these homeowners can also experience substantial energy cost reductions. To benefit, make sure to apply for the rebate when filing your taxes for the year 2024 before the deadline of April 15th, 2025. The Inflation Reduction Act and Energy Efficient Home Improvement Credit isn’t only for new air conditioning technologies. It also includes incentives for updating doors, windows, insulation, water heaters, even solar panels, and more.

Who Can Benefit from the Energy Efficient Home Improvement Credit?

The Energy Efficient Home Improvement Credit is accessible to homeowners of existing, primary residences within the United States. However, new constructions and rental properties are excluded. This rebate credit can be claimed every year with no lifetime dollar limit up until January 1, 2033, provided you continue making eligible improvements.

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