The 2023 Inflation Reduction Act

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The 2023 Inflation Reduction Act

The 2023 Inflation Reduction Act is set to make significant changes to the HVAC industry and Loves Heating and Air is here to help you understand what it all means for your home. This new legislation aims to reduce inflation and slow down global warming by encouraging the adoption of all-electric HVAC equipment, such as heat pumps and air conditioners. With new tax credits and rebates available to homeowners, it’s a great time to consider upgrading your home’s HVAC system.

At Loves Heating and Air, we offer a variety of services and products that can help you take advantage of the benefits offered by the Inflation Reduction Act. Our experienced technicians can perform a home energy audit to identify areas where you could improve your energy efficiency and qualify for tax credits. We also offer installation services for energy-efficient heat pumps, air conditioners, and other HVAC equipment. Incase you need AC repair in Pasadena, visit the website.

One of the most significant benefits of the Inflation Reduction Act is the ability to upgrade to a heat pump by utilizing AC rebates. These rebates can help offset the cost of upgrading your HVAC system to a more energy-efficient model. Here is what you need to know: 

Heat Pump Rebates

Heat pumps are an increasingly popular choice for homeowners looking to upgrade their HVAC systems. These systems work by transferring heat from the air outside your home to the inside, providing efficient heating in the winter and cooling in the summer. Under the IRA, homeowners can claim a rebate of up to $2,000 for installing a qualifying heat pump. Love’s Heating and Air offers a range of heat pumps from top manufacturer Amana that are eligible for these rebates.

AC Rebates

Air conditioning is essential to keeping your home comfortable during the summer months, but traditional AC units can be expensive to run and inefficient. Love’s Heating and Air offers a range of energy-efficient AC units eligible for rebates under the IRA. Homeowners can claim up to $500 for the installation of a qualifying AC unit, reducing their upfront costs and making it more affordable to upgrade to a more efficient system. If you are looking for HVAC companies near you, visit the website.

Other HVAC Upgrades

In addition to heat pumps, a variety of other HVAC products qualify for tax credits under the Inflation Reduction Act. These include:

  • Energy-efficient air conditioners
  • Furnaces and boilers with an annual fuel utilization efficiency (AFUE) of 95% or higher
  • Programmable thermostats
  • Duct sealing and insulation
  • Energy-efficient windows and doors

At Loves Heating and Air, we can help you select the right products for your home and budget, and our skilled technicians can ensure that everything is installed correctly and working efficiently.

The Time Is Now!

The 2023 Inflation Reduction Act is set to have a significant impact on HVAC systems, products, and services. Love’s Heating and Air is proud to offer a range of high-quality, energy-efficient HVAC products that are eligible for tax credits and rebates under the IRA. Contact Love’s Heating and Air today to learn more about how we can help you take advantage of the benefits offered by the IRA.

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