At Breeze Air Conditioning, we understand that navigating the intricacies of the Inflation Reduction Act of 2022 (IRA) can be challenging. As a trusted provider of HVAC services in the Palm Desert area, we strive to support our customers by offering resources and information regarding this important legislation.
IRA Rebate Programs for Heat Pumps in California
BENEFITS
- Up to $17,200 in IRA rebates and federal tax credits. IRA rebates can significantly reduce the upfront cost of installing a heat pump, making heat pumps a more financially viable option.
- Get rebates to upgrade the energy efficiency of your home and increase your home value. Heat pumps are incredibly energy-efficient, often using less electricity than traditional HVAC systems and reducing monthly utility bills. Not only will you be saving money, but you will be increasing the value of your home through energy-efficiency upgrades.
- Reduce greenhouse gas emissions. Heat pumps are environmentally friendly, reducing greenhouse gas emissions and contributing to a cleaner and healthier planet.
What is the Inflation Reduction Act of 2022?
The Inflation Reduction Act of 2022 encompasses various initiatives, including incentives for the installation of high-efficiency heating and cooling products. These incentives aim to promote energy efficiency and reduce overall energy consumption.
Federal Tax Credits and State Rebates
Under the IRA, homeowners may be eligible for federal tax credits and state rebates when they install qualifying high-efficiency HVAC systems. These incentives include extensions and expansions of existing tax credits such as 25C, 25D, and 45L for home builders.
Resources & Helpful Links
To assist you in understanding and taking advantage of the incentives provided by the Inflation Reduction Act of 2022, we have compiled a list of resources and helpful links:
White House State Fact Sheet
The White House released state fact sheets to help guide each state through their respective changes. Read up on the specific details about how the Inflation Reduction Act of 2022 affects the state of California.
The Inflation Reduction Act will lower energy costs for California families by offering rebates covering 50-100% of the installation costs for energy-efficient appliances like heat pumps and water heaters. Millions of low- and moderate-income households in California are eligible for these rebates, helping them save money on utility bills each month.
The Inflation Reduction Act offers discounts of up to $7,500 for new electric vehicles and $4,000 for used ones, making EVs more accessible. California plans to use funds from President Biden’s infrastructure law to expand EV charging stations along highways.
How Breeze Air Conditioning Can Help
As your trusted HVAC partner, Breeze Air Conditioning is committed to helping you make informed decisions about your home comfort system. Our team of experts is available to provide guidance on selecting and installing qualifying high-efficiency HVAC products that meet the requirements of the Inflation Reduction Act of 2022.