Inflation Reduction Act of 2022 includes tax credits that reward homeowners for purchasing certain high-efficiency HVAC equipment...
From energy savings, to comfort-enhancing Evolution™ System technologies, to longer component-specific warranties, there's lot to like.
And now there's another potential benefit, thanks to Uncle Sam Inflation Reduction Act of 2022...
To help reduce the effects of inflation, U.S.
Government has passed Inflation Reduction Act of 2022.
Of particular interest to homeowners, this act includes number of tax credits for the installation of ENERGY STAR® certified home heating and cooling products.
Effective Jan 1, 2023 Provides tax credit to homeowners equal to 30% of installation costs for the tier products, up to maximum of $600 for qualified air conditioners and furnaces, and maximum of $2,000 for qualified heat pumps.
Subject to change While the 2023 benefits of Section 25C are known for the 2023 tax year and beyond, the criteria to qualify for credit are not yet finalized by IRS and the above is subject to change based on whether IRS will adopt CEE Criteria...
Provides tax credit to homeowners equal to 30% of installation costs for ENERGY STAR® tier products until 2032.
Provides income-depending rebates to eligible homeowners including.
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