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Incentives and Rebates are available
Rebates, tax credits, and incentives help lower the upfront cost of electrification upgrades, making retrofits more affordable and lowering payback periods so you can start experiencing savings sooner.
Federal Tax CreditSave Up To $2000 - Federal Tax Credit On Central Heat Pumps, Mini-Split Heat Pumps Projects
The 25C tax credit is effective for products purchased and installed between January 1, 2023, and December 31, 2032. Eligible for 30% of costs, including labor up to yearly maximum limit of $2,000 for heat pumps for an existing home. Not eligible for new construction.
Federal Tax CreditSave up to $2000 - Federal Tax Credit on Heat Pump Water Heater Projects
Requirements for 25C Energy Efficiency Home Improvement Residential Tax Credits under the Inflation Reduction Act (IRA). Eligible for 30% of costs, including labor up to yearly maximum limit of $2,000 for heat pump water heater installs on existing home, and not for a newly constructed home.