Save With Federal Tax Credits
Inflation Reduction Act Tax Credit
Save Money on Clean Energy Upgrades
Home Electrification Appliance Rebates (HEAR) Incentives Amounts
Air Sealing & Insulation Up To $1,600 Credit
Heat Pump Water Heaters Up To $1,750 Credit
Electrical Wiring Upgrade Up to $2,500 Credit
Electrical Service Upgrade Up to $4,000 Credit
Heat Pumps
Up To
$8,000 Credit
Eligible Home Improvements
The Inflation Reduction Act (IRA) is empowering New Yorkers to upgrade their homes with cutting-edge clean energy technologies and equipment that provide long-term energy savings. Whether it’s choosing efficient ways to heat and cool your home or switching to electric vehicles, the IRA is helping New Yorkers improve their health, safety, and quality of life through sustainable energy choices.
Starting June 2024, income-eligible New Yorkers can also take advantage of IRA rebates, providing upfront discounts on home energy upgrades. These credits and rebates are excellent opportunities to reduce energy consumption, save money, and contribute to a cleaner planet. Now is the perfect time to embark on your clean energy journey.
- Low-income, single-family households can receive up to $10,000 per project for no-cost energy efficiency improvements through EmPower+ before the HEAR rebates are applicable.
- Moderate-income, single-family households are eligible for up to $5,000 per project for no-cost energy efficiency improvements through EmPower+ before the HEAR rebates are applicable.
Maximize Your Savings with both EmPower+ & HEAR Programs
With the Inflation Reduction Act’s Home Electrification Appliance Rebate (HEAR) program, income-eligible New Yorkers can access additional incentives through EmPower+ to enhance comfort and efficiency at home.
HEAR Incentive Maximums Per Improvement:
- Heat Pumps: Up to $8,000
- Heat Pump Water Heaters: Up to $1,750
- Electrical Wiring Upgrade: Up to $2,500
- Electrical Service Upgrade (Panel Box): Up to $4,000
- Air Sealing, Insulation, and Ventilation: Up to $1,600
