Inflation Reduction Act refund for mini split systems?

Forum|Forum|3 years ago
September 28, 2022
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Does the Inflation Reduction Act provide any rebates or credits for mini splits system installations? I've only seen information about credits for geothermal systems.

MariaDG1

Good news! The Energy Efficient Home Improvement Credit provides a credit for air conditioning units. In 2023 the credit will be 30%, with a max limit of $600.

Its also good to note that the low lifetime limit has been eliminated. There is now a $1200 annual limit on these credits. So take a look at the list of things that qualify, and spread out your home improvement projects so you can take advantage of the credits each year. Here's a great resource.

https://www.kiplinger.com/taxes/605069/inflation-reduction-act-tax-credits-energy-efficient-home-improvements