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CobraPony67 t1_iv82xah wrote

So, for us with existing homes and would like a heat pump for both heating and air conditioning, what is there to help us? These systems can cost over $10k. Not within many a budget.

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Haz_de_nar t1_iv8t7bz wrote

There definitely is. In the new inflation reduction bill you can get up to 8k for it.

https://www.rewiringamerica.org/app/ira-calculator

"IRA" meaning inflation reduction act.

Also if you do it with other energy efficiency things you can get a additional 8k with the Whole Home Energy Reduction Rebates. + if you need to upgrade you electrical panel to get the heat pump theres money in there for that too, like 4k!

For sure check it out. I think you have to get it after 2023 to get that benefit.

One last thing, you can get subsidized energy efficiency loans for this kind of work.

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theredwoodsaid t1_iv857it wrote

Your local utility may have incentives available. Clark Public Utilities, for example, offers rebates and lower interest loans than what many people might otherwise be able to get.

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