2024 Tax Credits For Heat Pump Replacement 2024. For example, if sofia joseph purchases a new heat pump water heater for $2,000 and receives a $1,000 rebate through her state’s hear program, she may claim a 30 percent. Beginning with the 2023 tax year (tax returns filed now, in early 2024), the credit is equal to 30% of the costs for all eligible home improvements made during the year.
In fact, some americans will be eligible for a free heat pump to cool and heat their home, while other homeowners will qualify for other rebates or tax credits. For example, if sofia joseph purchases a new heat pump water heater for $2,000 and receives a $1,000 rebate through her state’s hear program, she may claim a 30 percent.
