Inflation Reduction Act 2024 Heat Pump Rebate. Total annual credit capped at $1,200, with a separate annual $2,000 limit for heat pumps. If you buy a heat pump on or after january 1, 2023, you will receive the credit when you file your 2023 tax return due on april 15, 2024.

If you buy a heat pump on or after january 1, 2023, you will receive the credit when you file your 2023 tax return due on april 15, 2024. Rebates from the inflation reduction act are not currently available.