Everything You Need To Know About IRA HVAC Tax Credits
Do you qualify for the new Inflation Reduction Act HVAC tax credit?
Great news for Pittsburgh homeowners as well as the surrounding areas of McCandless, North Hills and Sewickley.
You could qualify for the IRA (Inflation Reduction Act) HVAC Tax Credits and Rebates! Home Mechanix can help. We’ll help you discover your best home comfort and how to enjoy exceptional savings! Schedule a FREE consultation today.
The Inflation Reduction Act is a bill that encourages homes and businesses to adopt eco-friendly HVAC solutions for their home heating and cooling.
High energy efficiency is the name of the game with the new bill. And nothing says energy efficiency like a heat pump! First, let’s talk about heat pumps…
What’s so great about heat pumps? Many homeowners report significant savings when they choose a Heat Pump System – some even report savings of up to 50%. Since a heat pump can both heat and cool your home, you’ll enjoy year-round comfort with just one unit. Gone are the days of needing to buy and maintain 2 systems: a furnace and air conditioner. Today just one heat pump can do it all!
Here’s what you need to know:
Who qualifies for the HVAC IRA Rebates?
Homeowners who make smart energy choices and install high energy efficient windows, doors, air conditioners, heating systems and water heaters may enjoy HUGE savings in the form of tax credits. HVAC rebates, in the form of tax credits, are designed to make it easy to upgrade to a modern high efficiency heat pump or ductless mini split heat pump.
What are they? New Tax Credits were put forth on January 1, 2023. They’re called the Inflation Reduction Act (IRA) and are tax credits which make high-efficiency technologies, like heat pumps and ductless heat pumps more affordable for McCandless and Pittsburgh residents.
Why are there HVAC tax credits? The purpose of these tax credits is to encourage homeowners to reduce their carbon footprint using environmentally friendly and high efficiency heating and cooling products that will save money and save energy.
What products are included in the Inflation Reduction Act HVAC tax credits? Qualifying heating and cooling products include high efficiency furnaces, high efficiency air conditioners, and high efficiency heat pumps.
Want ultimate savings and comfort? Today you can use a heat pump with a furnace for a dual fuel system. Now you can get maximum benefits because you can double dip and get both the furnace and heat pump credit! This is a great solution because you can enjoy both the benefits of your furnace while adding a heat pump for the ultimate in-home comfort.
Should I Choose A Ducted Or Ductless Heat Pump?
We’re sure we’re going to increase your home comfort and provide options for ducted solutions; we can also solve many problems with a Ductless Mini Split Heat Pump. Mitsubishi even has a system that combines the two technologies together!
ARMSTRONG leads the way in ducted solutions with a broad range of high efficiency air conditioners, furnaces and heat pumps that meet the requirements of the IRA. Many are ENERGY STAR® rated.
Here is a short list of some of the Armstrong systems that qualify:
Mitsubishi Ductless Mini Split Heat Pumps are a great addition to just about any home because they can heat and cool one room, one area or the whole house. Mitsubishi Mini Splits provide ultra-high energy ratings and are flexible in design and a perfect choice for solving hot and cold spots, increasing home comfort, and improving Indoor Air Quality (IAQ)
Here is a short list of some of the Mitsubishi systems that qualify:
HVAC Financing Options are available: In addition to rebates and incentives, we’ll help you with financing options. We have a variety of programs available to you. We always recommend that you buy the highest energy efficient heat pump you can afford. Financing options make it easy to do so.
Is your heating and cooling equipment more than 10 years old?
It could be the perfect time to invest in an energy efficient, eco-friendly replacement. Many systems are ENERGY STAR® rated and can help reduce your monthly energy bill. Many homeowners report savings of up to 50%
Hire an HVAC contractor with credentials!
Most importantly, an approved contractor must install your HVAC system upgraded. A qualified Inflation Reduction Act HVAC contractor is going to make sure to match the right equipment to your needs, they’ll find proper product placement of your ductless system and will ensure a professional installation so you can enjoy years of home comfort.
Mitsubishi Diamond Contractor: We’re proud to have earned the status of Diamond Contractor. It means that we’re trusted to the highest level by America’s leading brand of Mini Split Heat Pumps.
Armstrong Pro Dealer: We chose Armstrong because they are the professional choice. Their heating and cooling system offer high performance, reliability, and dependability that every homeowner wants.
Ductless All Star: We’re one of a select group of contractors recognized nationally for our expertise in Ductless technology.
Ready to find out if you qualify for the Inflation Reduction Act Heat Pump Rebates? We’ll go over all your options, help you consider the total cost of ownership, and provide financing options. Buying a higher efficiency system will be more expensive but will also save on your monthly energy bills which is why it’s important to look at the big picture up front.
If you live in Pittsburgh or McCandless area, you could qualify for HUGE rebates…Home Mechanix can help! Get expert advice from our experienced team. If you like it when things get done right, you’re going to love us! We’re a Mitsubishi Diamond Contractor, Armstrong Pro Dealer, and recognized nationally as a Ductless All-Star.
Call: (412) 223-7730 TODAY!
IRA HVAC Tax Credit FAQ
Q: Is Pittsburgh and McCandless a good climate for heat pumps?
A: Today’s heat pump is highly efficient, which is the result of today’s cutting edge heat pump technology which has advanced significantly. For example, today Mitsubishi has an extended temperature heat pumps that is perfect for our climate.
Q: What are the benefits of choosing a heat pump?
A: One major benefit is that just one unit can both heat and cool, so you can enjoy year-round comfort with one system. Other benefits include saving money, saving energy, increased home comfort, as well as rebates and incentives. Additionally, a ductless heat pump can easily solve hot and cold spots in your home and is the perfect way to add Air Conditioning to any home that doesn’t have ductwork as well as any home that has a family member with asthma or allergies.
Q: Does it matter which HVAC contractor I choose?
A: Absolutely. Choosing the right heating and cooling contractor is the most important step. The reason being is that you want to make sure that the unit you choose is properly matched to your needs. Additionally, your new equipment needs to be installed by a professional HVAC installation contractor. Since over sizing and under sizing equipment leads to problems down the road, it’s important to hire the right heat pump contractor.
Q: When is it a good time to consider an upgrade?
A: As a rule of thumb, if your furnace or AC is more than 12 years old, it’s time to consider a replacement. However, with the rebates in play, it’s a great time to consider upgrading your furnace and/or air conditioner sooner to take advantage of the incredible savings.