Inflation Reduction Act 2024 Heat Pump. Inflation reduction act home energy rebates program is pleased to announce we have submitted washington state’s funding applications to the. President joe biden signed the inflation reduction act (ira) into law on august 16, 2022, with a goal of helping households save money on energy bills, improve.

Collectively, the rebate programs, created by president biden’s inflation reduction act, provide $8.8 billion for states, territories, and tribes to lower energy. Inflation reduction act heat pump rebate if your household income is less than 80% your area’s median income, you may receive the maximum heat pump rebate, covering your new heat pump at 100% up to $8,000.