2/28/2024 0 Comments Instal the new IRA![]() ![]() How does a heat pump work? In the warmer months, a heat pump operates similarly to a central air conditioner by pulling heat from the inside of your home and moving it outside. It’s a more energy-efficient alternative to traditional HVAC systems that include a conventional gas furnace and air conditioning system. A heat pump is an HVAC system that provides both heating and cooling for year-round comfort. What is a Heat Pump and How Does It Work?įor homeowners who are unfamiliar with heat pumps, let’s start by explaining what a heat pump is and how it operates. Their knowledgeable staff can answer your questions or connect you with a reputable contractor in your area. If you're considering buying a heat pump and want to inquire more about potential rebates and tax credits, contact 's customer concierge team. In fact, many Americans will be eligible for a free heat pump to cool and heat their home in 2023, while other homeowners will qualify for other rebates or tax credits. Part of this includes offering significant rebates and tax incentives to homeowners who purchase heat pumps. The largest ever federal legislation addressing climate change, the IRA invests $369 billion in clean energy sources and technologies that improve energy efficiency. The IRA aims to alleviate inflation, lower prescription drug prices, reduce the national deficit, and lower the country’s carbon emissions. President Joe Biden signed the Inflation Reduction Act of 2022 (IRA) into law on August 16, 2022.
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