Inflation Reduction Act 2024 Hvac System. The home energy rebates program, part of the inflation reduction act signed by president biden in august 2022, notably expanded or extended hvac tax credits that were previously. Biden signed the landmark inflation reduction act, which provides nearly $400 billion to support clean energy and address climate change, including $8.8 billion for the home energy rebates.

The inflation reduction act (ira) authorizes the following: Only certain models qualify for the tax credit, and you must.