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
EQUIPMENT TYPE
- Heat Pumps, Ducted (central air, HVAC)
Heat Pumps, Ducted (central air, HVAC) - Heat Pumps, Ductless (mini-split)
Heat Pumps, Ductless (mini-split)
LAYERABLE?
Yes
INCOME QUALIFYING?
NoREQUIREMENTS:
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