Inflation Reduction Act Of 2024 Heat Pumps. But beginning in 2023, you could be eligible for a tax credit of up to $2,000 for qualifying heat pumps and heat pump water heaters under the new tax guidelines included in the inflation. If you install a heat pump or a heat pump water heater, starting in 2023, you could receive a tax credit of up to $2,000 and a significant rebate (depending on your income and the rebates.
The government has already spent billions, and there’s. 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, businesses, and.