- Federal Tax CreditFederal Tax Credit
Save up to $2,000 - Federal Tax Credit on Heat Pumps, Ducted (central air, HVAC), Heat Pumps, Ductless (mini-split) Projects
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. - Federal Tax CreditFederal Tax Credit
Save up to $2,000 - Federal Tax Credit on Heat Pump Water Heater Projects
Requirements
Requirements for 25C Energy Efficiency Home Improvement Residential Tax Credits under the Inflation Reduction Act (IRA)
Eligible for 30% of costs, including labor, up to yearly maximum limit of $2,000 for heat pump water heater installs on existing home, and not for a newly constructed home. - Federal Tax CreditFederal Tax Credit
Save up to $600 – Federal Tax Credit on Electrical Panel Upgrade
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 $600 for panel upgrades only if upgraded with another project covered by 25C such as a:- any qualified energy effiency improvements or
- any qualified energy property such as heat pump or heat pump water heater installs.
Applicable for existing homes, and not for new construction.
- Federal Tax CreditFederal Tax Credit
Save 30% of cost - Federal Tax Credit on Battery Storage
Requirements
The Residential Clean Energy Credit (25D) equals 30% of the costs of new, qualified clean energy property for your home installed anytime from 2022 through 2032.
Qualified expenses include the costs of new clean energy property:
- Battery storage technology (beginning in 2023) must have a capacity of at least 3 kilowatt hours.
- Federal Tax CreditFederal Tax Credit
Save 30% of cost - Federal Tax Credit on Solar electric panels
Requirements
The Residential Clean Energy Credit (25D) equals 30% of the costs of new, qualified clean energy property for your home installed anytime from 2022 through 2032.
Qualified expenses include the costs of new clean energy property:
- Solar electric panels
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