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  1. On Aug. 16, 2022, President Joseph R. Biden signed the landmark Inflation Reduction Act, which provides nearly $400 billion to support clean energy and address climate change, including $8.8 billion for the Home Energy Rebates.

  2. 12 lut 2024 · Families who install an efficient electric heat pump for heating and cooling can receive a tax credit of up to $2,000 and save an average of $500 per year on energy bills.

  3. 22 sie 2022 · Up to $2,000 for efficient heating, cooling, and water heating equipment, such as a heat pump. Up to $1,200 for measures that reduce home energy waste, like efficient windows, doors, and insulation.

  4. 7 sie 2024 · Additional savings are currently available through the Inflation Reduction Act Energy Efficient Tax Credit 25C tax credits to help consumers afford heat pumps. To learn more about savings and how heat pumps work, visit Pump Up Your Savings with Heat Pumps .

  5. 10 maj 2024 · May 10, 2024. Through tax credits and rebates, President Biden’s Inflation Reduction Act (IRA) provides new opportunities to homeowners and renters to make energy efficient upgrades, such as heat pump installations, to their homes.

  6. 22 gru 2022 · The inflation Reduction Act of 2022 (IRA) amended the credits for energy efficient home improvements and residential energy property. These FAQs provide details on the IRA's changes to these tax credits, information on eligible expenditures, and provides examples of how the credit limitations work.

  7. 13 wrz 2022 · High-Efficiency Electric Home Rebate Act (HEEHRA): This provides rebates for low- and middle-income families to electrify their homes, such as by installing heat pumps or electric clothes...

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