2024 Tax Credits For Heat Pumps 2024. With help from the inflation reduction act, federal tax credits are available for high efficiency hvac equipment. Energy efficient home improvements could help people reduce energy bills and taxes.

It includes tax credits for heat pumps, heat pump water heaters, weatherization, electric panel upgrades, solar and battery storage. But beginning in 2023, you could be eligible for a tax credit of up to $2,000 for qualifying heat pumps and heat pump water heaters under the new tax guidelines included in the.