The Inflation Reduction Act: What we know and what's to come
过去一年, there has been a lot of talk about the upcoming energy efficiency and electrification incentives that will stem from the Inflation Reduction Act (IRA). As we wait to see the full impact of all these incentives, homeowners have been asking many questions regarding which incentives are already available for energy efficiency projects and who qualifies.
To help answer some of these questions and simplify what is already and will soon be available through the IRA, we have put together a list of the most frequently asked questions our energy advisors have received about tax credits, 退税, 激励叠加, 资格, 和更多的. Some programs established by the IRA are still being created, which means some of these answers might change in the upcoming year, 所以请回来查看更新.
What do the 家庭能源 Rebates cover and when will they be available?
根据IRA, 创建了两个家庭能源回扣计划, the 首页 Efficiency Rebates program and the 首页 Electrification and Appliance Rebates program. 在一起, these programs will invest over $8 billion in electrification and efficiency upgrades throughout the U.S. 这两个退税计划都还没有推出.
The 首页 Efficiency Rebate (HER) program (formerly known as HOMES) is designed for single-family and multifamily whole-home upgrades, 包括耐候性和气密性. These 退税 may be available for all income levels and are doubled for low-income customers.
The 首页 Electrification and Appliance Rebates (HEAR) program (formerly known as HEEHRA) is specific to electrification appliance upgrades, 包括空气源热泵, 热泵热水器, 厨房电器, 还有一些建筑材料的升级. 这个项目确实有收入准则, though the State has leeway to adjust eligibility and rebate amounts through its program design.
The federal guidance for the program design offers a framework where eligible recipients must fall below 150% area median income (AMI), and low-income customers can get up to 100% of project costs covered. The maximum rebate that can be claimed under this program is $14,000.
目前, the Minnesota Department of Commerce is expecting these 退税 to be available to homeowners beginning in late 2024 or early 2025. To see a full breakdown of this timeline and stay up to date, you can visit the 明尼苏达州商务部网站.
什么税收抵免目前可用?
The 25C tax credit is currently available, and we encourage homeowners to take advantage of it! There are no income requirements to earning the tax credit. You cannot receive an IRA credit that is larger than your tax liability. If you complete qualifying work this year and other qualifying work in a different tax year, you can earn the tax credit for each qualifying project. In other words, completing projects over time is a good way to maximize this incentive. 在这里找到更多靠谱的外围竞猜app税收抵免的信息.
This tax credit is available for qualified high-efficiency equipment, 恒温(绝缘, 窗户, 门)项目, and electrification projects including installing heat pumps, 热泵热水器, 和更多的. 您可以在这里找到合格升级的完整列表.
有了税收抵免, 房主可以获得最高30%的合格费用, 包括合格的能效改进, 住宅能源物业费用, 家庭能源审计. The maximum credit homeowners can earn each year is $2,000用于热泵和热泵热水器, 最多1美元,其他升级200元, 包括绝缘, 空调, 炉, 锅炉, 水系统, 和更多的. In total, homeowners can earn up to $3,200 per year with the 25C tax credit. For most eligible projects, this tax credit can be applied to both labor and material costs. 唯一的例外是绝缘工程. 信用证只适用于绝缘材料, 而不是雇佣绝缘承包商的费用.
来获得税收抵免, work with your contractor to make sure that the specific equipment, 产品, 或者你正在使用的材料符合信用条件. 然后, 当你报税的时候, you will have to provide your project information and apply for the credit. 让这个过程尽可能简单, we encourage customers to ask their contractor to provide the material and labor cost on their final paid invoices.
退税和税收抵免是否可以叠加?
是的，客户可以堆叠(i).e., combine) tax credits and other rebate programs on top of their 首页 Efficiency Rebate and 首页 Electrification and Appliance Rebate. States are highly encouraged to design their rebate programs in a way that allows for the most effective combinations of various funding sources. 目前, we expect the 25C tax credit, other financing sources, including federal loans and CEE的全州和城市贷款, and state, utility, and local 退税 to stack on top of each other to maximize upgrade savings.
Should I do my project now or should I wait until the rebate programs are available?
Deciding whether to complete a project now or wait for the rebate programs will vary for everyone. The main factors to consider are how quickly you need to make the upgrade, which incentives are available now that you are eligible for, and what is the likelihood that your household income will fall within the IRA rebate income limits. 例如, if you know that your heating system needs to be replaced soon or need to insulate your attic within the next year, it is likely not worth waiting for the 退税 to become available. 现在, the 25C tax credit and robust utility 退税 are available and can significantly offset the cost of your weatherization and electrification upgrades. 然而, if these upgrades aren’t urgent and you think you may fall within the household income limits, 等待对你来说可能是有意义的.
For more information on whether you should act now or wait, 请查看ASHP协作组织的这篇博客文章.