IRA rebates rolling out in New York State
The Inflation Reduction Act (IRA) helps New Yorkers get the latest clean energy technologies and equipment that will save energy for years to come. From the cars we drive, to the ways we heat and cool our homes, the IRA is helping New Yorkers choose clean energy technologies that improve their health, safety, and quality of life.
Currently, New Yorkers can combine IRA tax credits with New York State incentives and programs, helping homeowners cut energy use, save more money, and contribute to a cleaner, healthier planet. Now is the time to start your clean energy future, free from fossil fuels including natural gas, oil, and propane.
Here are some tax credits available right now:
Heat Pump Water Heaters - 30% of the cost, up to $2,000 annually.
Cold-climate Air Source Heat Pumps 30% of the cost, up to $2,000 per year
Insulation Materials 30% of the cost up to $1,200 per year
Electric Panel or Circuit Upgrades - 30% of cost, up to $600 per year
Exterior Doors 30% of cost, up to $500 for doors per year
Windows, Including Skylights 30% of the cost, up to $600 per year
The IRA does not replace those New York State clean energy programs — it enhances them. New Yorkers can still take advantage of existing State programs to help them save more money, more energy, and get the most out of their IRA incentives.
