Tax Rebate 2024 Heat Pump System. Homeowners are eligible for a 30% tax credit under the inflation reduction act (ira) residential energy efficient property credit. โ starting in 2023, you could be eligible for an annual tax credit of $2,000 for qualifying heat pumps and heat pump water heaters under the new tax guidelines included in.
โ you can receive up to $3,200 in federal tax credits for installing qualifying hvac equipment into an existing home, split between acs, furnaces, or boilers ($1,200) and air. โ for heat pump and heat pump water heater projects, the tax credit amount is 30% of the total project cost (includes equipment and installation), up to a $2,000 maximum.