How to Take Advantage of Tax Credits & Rebates with HEEHRA and the Inflation Reduction Act (IRA)
Is it time to replace your home’s electrical box, wiring, or stove? The best part is you can get money to cover all or part of the cost, including professional installation, if you qualify.
The High-Efficiency Electric Home Rebate (HEEHR) Program provides point-of-sale consumer discounts to enable low- and moderate-income homeowners to save up to $14,000 on energy efficient upgrades such as panel replacements, EV charger wiring, and electric stoves. It covers up to 100% of electrification projects for low-income households, and up to 50% for middle-income earners. HEEHRA covers the appliance, professional installation and labor costs.
Who qualifies for HEEHRA?
HEEHR discounts are reserved for low- and moderate-income households. Households can use Rewiring America’s IRA Savings Calculator to determine their eligibility.
When will HEEHRA be available?
Our best guess is that HEEHRA discounts may start to become available by the second half of 2023, but the exact timeline depends on DOE guidance and state implementation plans.
If HEEHRA discounts become available in the second half of 2023, will they be retroactive?
It will be up the states.
Does HEEHRA have efficiency requirements?
Yes. HEEHRA rebates are applicable only to ENERGY STAR-certified appliances (where such categories exist), including heat pumps, heat pump water heaters, heat pump clothes dryers, and weatherization products.
Can qualified renters utilize HEEHRA?
Yes! Renters may be specifically interested in HEEHRA discounts for portable appliances like window-unit heat pumps and induction cooktops.
United States homeowners can get up to $14,000 to make energy efficient improvements to their homes. It’s all part of historic legislation that was passed in August 2022, called the Inflation Reduction Act. According to the White House, $14,000 is available in direct consumer rebates & tax incentives for families to buy energy efficient home appliances or electrical upgrades. It also includes up-front discounts, generous rebates, tax incentives, and low-cost financing available to homeowners who make energy efficient upgrades to their homes. IRA is projected to reduce total carbon emissions by 40% by 2030, according to the White House.
HEEHRA is not available yet and will be distributed on a state-by-state basis.