Brett Rogenski of N.E.T.R., Inc. talks about what we know so far about the Inflation Reduction Act, and what it means for air source heat pumps.
Hi, I’m Brett with N.E.T.R., and I wanted to share with you what we know about the Inflation Reduction Act and its benefits for air source heat pumps.
The first thing that we know is that families will be eligible for tax credits of up to 30% of the install cost up to a maximum of $2,000.
The second thing that we know is that, dependent on family income, you’ll be eligible for rebates of up to $8,000.
And then the last thing is that there is money, in terms of rebates, for upgrading your electrical load center, if it’s required. So bringing your home’s electrical panel up to modern 200 amp service, instead of 100 amp or 60 amp service. And those rebates will be up to $4,000.
So contact a qualified contractor to find out more.