2024 Tax Credits For Heat Pump Replacement

2024 Tax Credits For Heat Pump Replacement. An electric heat pump could. $2,000 per year for qualified heat pumps and biomass stoves or boilers.


2024 Tax Credits For Heat Pump Replacement

This can be paired with an additional $1,200 in credits for more projects in the tax year. For heat pump and heat pump water heater projects, the tax credit amount is 30% of the total project cost (includes equipment and installation), up to a $2,000 maximum.

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