Inflation Reduction Act

Inflation Reduction Act

Inflation Reduction Act

If you’re considering upgrading your HVAC system to an Energy Star® certified heating and cooling system like Bryant®, now is a great time to do it! That’s large because of the Inflation Reduction Act, a new legislation that aims to encourage homeowners to make energy-efficient improvements to their homes.

One of the ways it does this is by providing financial incentives for homeowners who purchase high-efficiency HVAC equipment. For homeowners in Maple Plain, Wayzata, and Delano, MN, you may be eligible for tax credits, heat pump rebates, and AC rebates.

Starting in 2023, the tax credit provides homeowners with up to $1,200 for purchasing a high-efficiency system. You can retroactively apply for this credit in 2022, and receive up to $500.

You can also receive instant rebates for upgrading, but the amount varies, depending on your household income. The specific models eligible for this rebate are still being discussed and finalized. However, be sure to check back for details. We’ll update this page for you as soon as we know!

A different type of rebate is also available under the Inflation Reduction Act—for reducing your energy usage. This also varies based on household income.

Take a look at the chart below for more information:

Energy Efficiency Home Improvement Credit High-Efficiency Electric Home Rebate Act (HEEHRA) HOMES Rebate Program
Must owe taxes and purchase qualifying energy-efficiency appliances to be eligible. Must purchase qualifying energy-efficiency improvements to be eligible. You can receive a maximum of $14,000 in instant rebates. Must cut your energy usage by at least 20% to be eligible.
Low-Income Households (Less than 80% of the area’s median income) Receive a maximum of $1,200 in tax credits, equaling approximately 30% of your energy-efficiency improvement costs up to :
  • $600 for qualified air conditioners and heaters
  • $2,000 for qualified heat pumps, heat pump water heaters, and boilers (the $1,200 can be exceeded in this instance)
Receive an instant rebate for 100% of project costs up to:
  • $8,000 for heat pumps
  • $1,750 for a heat pump water heater
  • $4,000 for an upgraded breaker box
  • $2,500 for upgraded electrical wiring
  • $1,600 for insulation, ventilation, and sealing
  • $4,000 for cutting your energy by 20%
  • $8,000 for cutting your energy by 35%
Mid-Income Households (Between 80% & 150% of the area's median income) Receive a maximum of $1,200 in tax credits, equaling approximately 30% of your energy-efficiency improvement costs up to :
  • $600 for qualified air conditioners and heaters
  • $2,000 for qualified heat pumps, heat pump water heaters, and boilers (the $1,200 can be exceeded in this instance)
Receive an instant rebate for 50% of project costs, up to:
  • $8,000 for heat pumps
  • $1,750 for a heat pump water heater
  • $4,000 for an upgraded breaker box
  • $2,500 for upgraded electrical wiring
  • $1,600 for insulation, ventilation, and sealing
Receive an instant rebate of up to:
  • $2,000 for cutting your energy by 20%
  • $4,000 for cutting your energy by 35%
High-Income Households (Over 150% of the area’s median income) Receive a maximum of $1,200 in tax credits, equaling approximately 30% of your energy-efficiency improvement costs up to :
  • $600 for qualified air conditioners and heaters
  • $2,000 for qualified heat pumps, heat pump water heaters, and boilers (the $1,200 can be exceeded in this instance)
Not eligible Receive an instant rebate of up to:
  • $2,000 for cutting your energy by 20%
  • $4,000 for cutting your energy by 35%

So, how exactly can you prepare for the Inflation Reduction Act and take advantage of these benefits? Here are a few steps you can follow:

Step 1
Get an inspection from Countryside Heating and Cooling Solutions

Before you upgrade your HVAC system, it's a good idea to get an inspection from a professional. This will help you understand the current state of your system and identify any potential problems that need to be addressed. We offer inspections to homeowners in Maple Plain, Wayzata, and Delano, MN.

Step 2
Ask our experts for tips on how to reduce your energy consumption

Even if you're not ready to upgrade your HVAC system yet, there are still ways you can reduce your energy consumption. By reducing your energy usage by at least 20%, you can be eligible for $2,000–$4,000, depending on your household income! Our experts can provide you with tips and advice on how to make your home more energy-efficient.

Step 3
Check back for more details regarding eligible models

The Inflation Reduction Act provides financial incentives for homeowners who purchase certain high-efficiency HVAC equipment. We’re excited to help you find the right Bryant model that meet the eligibility criteria and meet your family’s needs! So don’t forget to check back with us as the specific HVAC models are selected for these tax credits and rebates.

Soon, you’ll be able to take advantage of the Inflation Reduction Act tax credits, AC rebates, and heat pump rebates in Maple Plain, Wayzata, and Delano, MN. Not only will you be able to save money on your energy bills, but you’ll also be doing your part to reduce greenhouse gas emissions and combat climate change.

Give Countryside Heating and Cooling Solutions a call today to schedule your home inspection! Our team will help you get ready for your upgrade and reduce your energy usage.