The HVAC industry is abuzz about the tax credits and rebates that are offered in the federal Inflation Reduction Act (IRA). The measure includes $369 billion in spending on climate and energy policies that will incentivize Americans — through tax credits and rebates — to insulate their homes, improve their electrical systems, add electric vehicle (EV) chargers and/or energy storage, upgrade to energy-efficient heat pumps, install solar panels, etc.
These incentives will likely be very appealing to customers and HVAC contractors should consider positioning themselves to take advantage of these new opportunities. At its first-ever Solar Forum, co-hosted by ACCA and Pearl Certification, experts explained how HVAC contractors can incorporate some of these services into their companies.