Now is the perfect time to upgrade your home’s heating and cooling system. Thanks to the Inflation Reduction Act of 2022, this provides you with tax credits and point-of-sale rebates that can equal thousands of dollars for the installation of high-efficiency HVAC equipment for your home.
Change The Way Your Home Heats with a Heat Pump
The Inflation Reduction Act Incentives provide tax credits for homeowners replacing aging equipment with high-efficiency HVAC systems! Now you can replace your old furnace with an energy efficient heat pump, helping you save money on your utility bills and taxes.
An all-electric Goodman® heat pump can deliver year-round comfort to your home with minimal impact on the environment. Feel good about your comfort.
Why Upgrade your home to a Heat Pump?
Heat pump installations receive an incredible incentive package to help convert homes to all-electric, high-efficiency solutions.
A high-efficiency heat pump can help keep your home warm in the cool winter months. By upgrading from your existing lower-efficiency HVAC system you can save on energy bill savings for years to come.
“Upgrading to an ENERGY STAR certified heat pump can help you transition from fossil fuels for a cleaner, healthier, more comfortable home.” -ENERGY STAR
All-Electric Heat Pumps
- Helps you reduce the carbon footprint of your home.
- Eliminates heating your home by fossil fuels, without compromising comfort.
- Safely produces heat without producing combustion byproducts.
- Heat pump Installation may qualify for an $8,000 tax credit (for eligible homeowners meeting IRS income requirements).
What is the Inflation Reduction Act?
The Inflation Reduction Act of 2022 (IRA) is designed to accelerate the adoption of all-electric HVAC equipment and lower utility bills for homes and businesses. The IRA opens the door for homeowners across the United States to update their heating and cooling systems to select high-efficiency solutions.
How Can I Get Started with My Energy Upgrade?
Contact our DialOne Sonshine installation specialist at (657) 213-2900 to discuss your eligibility for the Inflation Reduction Act products. Our team is ready to help you find the right comfort solutions for your home and keep you updated on incentives that have been amended and extended.*
Energy Efficient Home Improvement Credit (25C)
Increases the tax credit value from 10% of installed costs to 30% for the highest efficiency tier products, up to a maximum of $600 for qualified air conditioners and furnaces, and a maximum of $2,000 for qualified heat pumps effective January 1, 2023. Additionally, the existing tax credits (up to $300 for heat pumps) are also retroactive for equipment placed in service after 12/31/21.
HOMES Rebate Program
Depending on modeled energy savings and IRS income requirements, homeowners may receive up to $8,000 in rebates for installing high-efficiency equipment. Also, the update adds qualified home energy audits as eligible improvements for up to a $150 tax credit.
High-Efficiency Electric Home Rebate Program
Depending on final California programs, you can begin to qualify for income-depending rebates of the following:
- Up to $8,000 for all-electric ENERGY STAR heat pumps to eligible homeowners and other qualifying individuals.
- Up to $1,600 for insulation, air sealing, and ventilation.
- Up to $4,000 for Electric Load Service Center.
- Up to $2,500 for Electric wiring.The maximum rebate is $14,000 per household.The Home Rebate Program and the High-Efficiency Electric Home Rebate Program cannot be combined. Consult your tax professional for specific details concerning your ability to qualify.
How can you make your upgrades more affordable?
Depending on your income bracket, upgrading your HVAC system may be more affordable than ever. Call our specialist today to discuss:
Energy Bill Saving
Our DialONE Sonshine Efficiency Advisors help you calculate your estimated savings.
Utility EcoRabates
Our team will help you search for available residential rebate programs on select products in your area.
Flexible Financing
Talk to our specialist about available GoGreen Financing in California that will find monthly payment that works for your budget.
* This information does not, and should not be considered tax advice. All information is for general purposes only. Contact your tax professional for specific, applicable details.
