The Inflation Reduction Act’s (IRA) tax credits and rebates can unlock thousands for residential homeowners looking to upgrade to energy-efficient HVAC equipment.

“While the recent news is a formality, it makes the victory over these burdensome regulations official."

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.

Artificial intelligence and HARDI’s new AI tool were big topics during the group’s recent Focus conference in Dallas, Texas.

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.

The survey, which included responses from over 200 CEOs, CFOs, and CSOs across various industries in July 2024, also highlighted the impact of government incentives on sustainability plans.