Incentives and Rebates
Air Source Heat Pump (ASHP) rebates start at $500 for installing one unit but climb substantially with whole-home installations.
Inflation Reduction Act:
The Inflation Reduction Act (IRA) empowers American households to save thousands of dollars on the upfront costs of electric machines, like air source heat pumps. In turn, those machines will save families an average of $1,800 per year on their energy bills.
Download a simple PDF list of tax credits and point-of-sale rebates, newly offered through the Inflation Reduction Act (IRA).
Learn more here.
See Rewiring America’s IRA calculator to see how much money you can get with the Inflation Reduction Act. (As of 2023, tax credits for heat pumps and other energy efficiency upgrades have gone live! Learn more about these credits on the Department of Energy’s website.)
See the chart below to discover the utility and state offered incentives and rebates for energy efficiency projects.