Inflation Reduction Act 2024 Tax Credits. Find out how much you could save with tax credits and rebates for heat pumps, water heaters, electric vehicles, electric stoves, rooftop solar, wiring upgrades, and energy efficiency. On august 16, 2022, president biden signed the inflation reduction act (ira) into law, marking one of the largest investments in the american economy, energy security, and climate that.

On august 16, 2022, president biden signed the inflation reduction act (ira) into law, marking one of the largest investments in the american economy, energy security, and climate that. The inflation reduction act (ira) is a “free electric bank account with your name on it.” it’s packed with rebates and tax credits that help americans purchase everything from evs.