Inflation Reduction Act 2024 Heat Pump. It was a big bill, with provisions on health care costs, drug pricing, and tax. The inflation reduction act (ira) offers tax credits that can help ohio households transition to cleaner energy consumption and save money on energy expenses.

Heat pump for space heating and cooling; But beginning in 2023, you could be eligible for a tax credit of up to $2,000 for qualifying heat pumps and heat pump water heaters under the new tax guidelines included in the inflation.