Federal Tax Credit

Federal Tax Credit

Save up to $2,000 - Federal Tax Credit on Heat Pumps, Ducted (central air, HVAC), Heat Pumps, Ductless (mini-split) Projects

Offers and Eligibility are subject to change. Please work with a tax professional to review your eligibility

Federal Tax Credit

Federal Tax Credit

TAX CREDIT

30% of the costs up to $2,000

PAY-OUT TIME FRAME

EQUIPMENT TYPE

WHO CAN APPLY?

LAYERABLE?

Yes

INCOME QUALIFYING?

No

REQUIREMENTS:

The 25C tax credit is effective for products purchased and installed between January 1, 2023, and December 31, 2032.
Eligible for 30% of costs, including labor, up to yearly maximum limit of $2,000 for heat pumps for an existing home. Not eligible for new construction.

The total annual credit limit may be up to $3,200 for 25C tax code, which will allow the annual $2,000 limit for heat pumps to be paired with the annual $1,200 limit for building envelope improvements. Refer to the IRS Fact Sheet for latest information. IRS Fact Sheet