Tax Credits 2024 Heat Pumps. 30% of the total project cost, up to $2,000; The following hvac tax credits could be available if your state submits an application and has it approved.

In this guide, we’ll delve into the various tax credits and rebates available for air source heat pumps, hot water heat pumps, and air conditioning (ac) units in 2024. If you install an efficient heat pump, you are eligible for a federal tax credit that will cover 30% up to $2,000 of the heat pump cost and installation.