With “heat pump” and “incentives” almost being synonymous at this point, contractors need to understand the basics to ensure customers are receiving the benefits.
High-end HVAC typically means high-efficiency products, which may qualify for the tax and rebate incentives available now. Here’s a look at how three manufacturers are helping contractors leverage incentives.
Eligible residents will be able to save up to $4,000 on an electrical panel upgrade, up to $2,500 on electrical wiring, and up to $840 on an electric stove, cooktop, range, or oven and/or an Energy Star-certified electric heat-pump clothes dryer.
Maine has begun offering Home Electrification and Appliance Rebates, which can help eligible homeowners install certain high-efficiency HVAC equipment and make electrical system upgrades.
Those in favor of the Inflation Reduction Act’s incentives for residential building decarbonization say the numbers show they’re working, but critics fear the program is flawed.
Florida Gov. Ron DeSantis, who dropped out of the presidential race early this year, has backtracked on accepting his state’s share of federal funding for the Home Electrification and Appliance Rebates program.