IRA ), signed into August of 2022, created several incentives for efficiency upgrades, including HVAC systems, to help homeowners make the investment.
While there continues to be much confusion for consumers about the availability of the incentives, ation below .
The IRA provides two types of incentives, one in the form of tax credits and in the form of rebates .
Rebates The IRA created rebate programs that will allow qualifying homeowners to receive point-of-sale rebates for eligible purchases.
By the government through the, The funding for the rebate programs is provided Department of Energy however, s.
Department of Energy is working to provide program guidelines for distribution to the states.
Each state must then submit applications to Department of Energy with their proposed plan for implementing the rebates and obtain approval before funding is released to them.
The deadline for states to submit plans is August 2024, accordingly, will not have the rebate programs in place until 2024 .
ARS can help you understand incentives that may be available to you ventilation, and other HVAC upgrades order to achieve more comfortable and energy-efficient living. .
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