Inflation Reduction …

Inflation Reduction Act 2024 Heat Pump. A 30% federal tax credit, up to $2,000, for a heat pump water heater. The inflation reduction act (ira) is a “free electric bank account with your name on it.”.

The inflation reduction act (ira) is a “free electric bank account with your name on it.”. The 25c tax credit allows taxpayers to claim certain home energy upgrades, like heat pumps, to reduce their tax burden.