The Inflation Reduction Act Has Some Great Provisions For Homeowners That Aren't Getting Much Attention

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The Inflation Reduction Act Has Some Great Provisions For Homeowners That Aren't Getting Much Attention
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For those of us who don't own our home, it can be challenging to electrify. Installing EV charging, putting in rooftop solar, changing out your heater, stove, and water heater, and many other things just

The Inflation Reduction Act Has Some Great Provisions For Homeowners That Aren’t Getting Much AttentionFor those of us who don’t own our home, it can be challenging to electrify. Installing EV charging, putting in rooftop solar, changing out your heater, stove, and water heater, and many other things just aren’t going to happen because the owner won’t spring for the upgrades to save you money and lower your carbon footprint.

With most of the attention on the Inflation Reduction Act’s EV tax credits and point of sale rebates , many people didn’t notice that the spending bill also did something else that was really cool to help not only EV charging station installations at home, but also help electrifying the rest of your home.Before the Inflation Reduction Act, there was a bill in the Senate to help with the costs of upgrading and electrifying homes called the Zero Emissions Home Act.

On top of helping with an HVAC heat pump, the law also provides up to $1,750 for a heat pump water heater, which will use a lot less electricity than a conventional resistive electric water heater, and won’t use any gas. Want a heat pump dryer for your clothes to lower your power bill more? The law provides up to $840 for that appliance, too.

With all of this efficiency, some readers are probably wondering if they can get help having a contractor help seal up the little air leaks in their home or upgrade the insulation a bit to help save energy the old-fashioned way. You guessed it: HEEHRA has your back there, too. It provides up to $1,600 of help for those sorts of upgrades.

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