Tax Credits 2024 Heat Pump 2024. The following hvac tax credits could be available if your state submits an application and has it approved. See what heat pumps qualify for inflation reduction act heat pump tax credits and incentives, along with info about heat pump tax credit and rebate amounts for both heat pump water.

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. The tax credit is worth 30% of your heat pump installation costs, up to $2,000!.