The passage of the Inflation Reduction Act of 2022 in August of this year will make an enormous positive impact on many people’s lives. The IRA contains a provision for $369 billion to help cut climate pollution in half by 2030 with clean energy investments. What this means for you as a homeowner is the availability of tax credits and point-of-sale rebates that can help you install the best high-efficiency HVAC equipment.
If you’re looking to upgrade your heating and cooling system, we at Dayco Systems can help you take advantage of the rebates for switching to all-electric HVAC equipment that will reduce your utility bills. It’s a great win for everyone—you’ll help the environment, get the latest in comfort technology, and pay less to deliver cooling and warmth to your home around the year.
How to Get Started With IRA Benefits
You’ve already taken an important step: you’re on our website! Contact us to discuss your eligibility under the Inflation Reduction Act. We can explain what eligible products are the best for your home.
One of the key incentives we’ll look at is the High-Efficiency Electric Home Rebate Program. As soon as states apply for funds to set up their programs, you can begin to qualify for rebates based on your income, with a maximum rebate of $14,000 per household. Along with rebates for insulation, air sealing, and electric wiring, you can qualify for up to $8,000 for all-electric ENERGY STAR heat pumps.
You may also qualify for the HOMES Rebate Program (which cannot be combined with the High-Efficiency Electric Home Rebate Program). Under the HOMES Program, you may qualify to receive up to an $8,000 rebate for the installation of high-efficiency equipment. The rebate depends on modeled energy savings and IRS income requirements.
Upgrading to a Heat Pump
Why is the all-electric high-efficiency heat pump at the center of the IRA benefits for comfort systems? According to the US Department of Energy’s ENERGY STAR program, “Upgrading to an ENERGY STAR certified heat pump can help you transition from fossil fuels for a cleaner, healthier, more comfortable home […] More efficient than furnaces or boilers, heat pumps serve double duty with heating and cooling, making this investment pay off year-round.”
We definitely agree! We’ve installed many heat pumps in Acworth, GA, and the surrounding areas, and we know how efficient and convenient these units are, as well as what a huge difference they can make for homeowners. Heat pumps offer these benefits:
- Heating and cooling in a single system
- No burning of fossil fuels or production of gas combustion byproducts
- Help reduce your home’s carbon footprint
- Energy savings through higher efficiency, especially in heating mode
- Don’t have the make changes to your existing ductwork or HVAC setup—the heat pump basically replaces the air conditioning system
With up to $8,000 available for qualifying heat pump systems, there’s no better time to make the upgrade for your home. We’re ready to discuss your options with you and get you set up to receive the most benefit from the IRA and provide better comfort to your home.
Call us if you have any questions about purchasing high-efficiency HVAC systems and your eligibility for IRA benefits. At Dayco Systems, our goal is to earn your confidence and trust with old-fashioned values of hard work and honesty.