Inflation reduction act and HEEHRA Details

[Isabella Romano]

Has anyone taken advantage of the new high efficiency electric Home rebate act that was passed in addition to the i flatiron reduction act? I am looking into upgrading several electrical systems in my home (heat pump mini split, electric dryer and electric range stove) and some of these products seem to qualify for a significant tax rebate. I can’t find a solid answer on when these incentives take effect though.

Seems that they are a “point of sale” refund however contractors I have spoken with seem to think the rebate comes after filing your taxes. I’ve also seen conflicting information about when it takes effect. If anyone has helpful information or if you are using this incentive to upgrade your own properties please reply with details:)

Thanks!!