Inflation Reduction Act 2024 Hvac System. On august 16, 2022, president biden signed the inflation reduction act (ira) into law, marking one of the largest investments in the american economy, energy security, and climate that. The inflation reduction act provides $8.8 billion for home energy rebates to help eligible americans save energy and save money through home improvements

The inflation reduction act includes rebates and tax credits to help homeowners install new heaters and other appliances. $4,300,000,000 in grants to state energy offices to develop and implement home efficiency rebates programs.