Inflation Reduction Act 2024 How To Apply. The inflation reduction act of 2022 includes two provisions authorizing $8.8 billion in rebates for home energy efficiency and electrification projects. On august 16, 2022, president biden signed the inflation reduction act (ira) into law, marking one of the largest investments in the american economy, energy security, and.
Homeowners can qualify for a tax credit of 30% for the purchase and installation of a qualified heat pump, up to $2,000. On august 16, 2022, president biden signed the inflation reduction act (ira) into law, marking one of the largest investments in the american economy, energy security, and.
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