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Federal Tax Credits

The Inflation Reduction Act of 2022 includes tax credits that reward homeowners for purchasing certain high-efficiency HVAC equipment.

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There’s Never Been a Better Time to Buy Our Highest Efficiency Systems.

Our highest-efficiency heating and cooling systems offer several homeowner benefits. From energy savings, to comfort-enhancing Evolution™ System technologies, to longer component-specific warranties, there's a lot to like. And now there’s another potential benefit, thanks to Uncle Sam: the Inflation Reduction Act of 2022.

inflation-reduction-act-of-2022

What is the Inflation Reduction Act?

To help reduce the effects of inflation, the U.S. Government has passed the Inflation Reduction Act of 2022. Of particular interest to homeowners, this act includes a number of tax credits for the installation of ENERGY STAR® certified home heating and cooling products. These include:

Effective Jan 1, 2023: Provides a tax credit to homeowners equal to 30% of installation costs for the highest efficiency tier products, up to a maximum of $600 for qualified air conditioners and furnaces, and a maximum of $2,000 for qualified heat pumps.
25C Tax Credit Product Offering Region SEER2 EER2 HSPF2 COP @ 5F Capacity Ratio (17F/47F) Capacity Ratio (5F/47F) Other Requirements
Up to $2,000 Heat Pumps Split Ducted Heat Pump North ≥15.2 ≥10 ≥8.1 1.75 58% 70% Choice of capacity ratio
South ≥15.2 ≥11.7 ≥7.8 - - - -
Non-Ducted Heat Pump North ≥16 ≥9 ≥9.5 1.75 58% 70% Choice of capacity ratio
South ≥16 ≥12 ≥9 - - - -
Packaged Heat Pump North ≥15.2 ≥10 ≥8.1 1.75 58% 70% Choice of capacity ratio
South ≥15.2 ≥10.6 ≥7.2 - - - -
Up to $600 Air Conditioners Split AC Nationally ≥16 ≥12 - - - - -
Packaged AC Nationally ≥15.2 ≥11.5 - - - - -
Up to $600 Furnaces Gas-Fired Forced Hot Air Nationally - - - - - - ≥97% AFUE

Subject to change: While the 2023 benefits of Section 25C are known for the 2023 tax year and beyond, the criteria to qualify for credit(s) are not yet finalized by the IRS and the above is subject to change based on whether the IRS will adopt the full CEE Criteria.


See tax credits for 2022 and previous years open_in_new

Provides a tax credit to homeowners equal to 30% of installation costs for ENERGY STAR® tier products until 2032. That percentage drops to 26% in 2033 and 22% in 2034.

Provides income-depending rebates to eligible homeowners including:

  • Up to $8,000 for all-electric Heat Pumps
  • Up to $4,000 for electrical load service center
  • Up to $2,500 for electric wiring
  • Up to $14,000 maximum for all

Want to know more about Bryant energy-efficient
products that may qualify for tax credits?

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