Get a $2,000+ credit on a heat pump

Install a heat pump

Keeping your home at a comfortable temperature can be very expensive with an outdated heating and cooling system.

Enter heat pumps, two-way systems that efficiently heat and cool your home. By doing the job of both a furnace and air conditioner, heat pumps keep homes warm in the winter and cool in the summer. 

If you’re ready to upgrade, you may be eligible for a new IRA tax credit. Plus, heat pumps can reduce your electricity use for heating by approximately 60%, so you’ll continue saving long after you cash in your rebate.

What’s the gist?

• How to save - A tax credit covers 30% of the costs of purchase and installation, up to $2,000 per year. For low-income households, costs will be covered up to $8,000.

• Who qualifies? - Everyone, but your savings will also depend on your tax bill. The credits can lower the amount you owe in federal taxes, but they won’t get you a refund if you don’t owe anything.

• When is it available? - Now through the end of 2032.