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Frequently Asked Questions

When can I access the IRA incentives?

Some incentives are available now, and others will become available in 2023. The tax credits marked “2023” will be available on January 1, 2023. Unfortunately we don't know exactly when the upfront discounts marked “2023” will be available, because it will depend on how each state rolls out its incentive program. Our best guess is that those upfront discounts will be available mid-end of the year 2023. For an overview of incentives you can use right now, see the FAQ.

Do I need to spend a lot to get these incentives?

In many cases, no! The IRA incentives are designed to increase access to clean technology. For households with lower incomes, 100% of appliance and installation costs are discounted at purchase, meaning you could install efficient electric appliances at no cost, with no spending.

Middle-income households do have to spend in order to access savings, but up to 50% of appliance and installation costs can be covered through upfront discounts, and you can use tax credits to cover some of the remaining gap.

Highest income households are not eligible for upfront discounts, so you will have to pay full price for appliances and installation — but tax credits on the back end could recoup around 30% of your costs.

Can the IRA help me if I am a renter?

Yes! The up-front electrification rebates and electrification tax credits can all be used by renters. Many of these upgrades (including window-unit heat pumps, electric stoves, and heat pump clothes dryers) are portable, so renters can bring them to their next homes and will not have to leave any savings behind. Renters are also eligible for the used and new EV tax credits. And although they are not exactly consumer-facing, renters will benefit from the IRA’s $1 billion investment in affordable housing energy upgrades and the new tax deduction for efficiency upgrades in commercial buildings (including apartment buildings).

Renters can also subscribe to community solar — which will be cheaper because of the IRA supply-side renewable energy incentives.

See more FAQs here
Household Electrification Incentives

All the savings you may be eligible for!

Upfront Discounts
ItemAmountTimeline
Electric Panel$4,0002023More Info
Electric Stove$8402023More Info
Electric Wiring$2,5002023More Info
Heat Pump Water Heater$1,7502023More Info
Heat Pump Air Conditioner/Heater$8,0002023More Info
Heat Pump Clothes Dryer$8402023More Info
Weatherization$1,6002023More Info
Whole Home Energy Reduction$8,0002023More Info
Tax Credits
ItemAmountTimeline
Battery Storage Installation30%2023More Info
Geothermal Heating Installation30%Available Now!More Info
Electric Panel$6002023More Info
Electric Vehicle Charger$1,0002023More Info
New Electric Vehicle$7,5002023More Info
Used Electric Vehicle$4,0002023More Info
Heat Pump Air Conditioner/Heater$2,0002023More Info
Heat Pump Water Heater$2,0002023More Info
Rooftop Solar Installation30%Available Now!More Info
Weatherization$1,2002023More Info
Household Electrification Incentives

These are available to American homeowners and renters over the next 10 years.

Electric Panel

$4,000

2023

Electric Stove

$840

2023

Electric Wiring

$2,500

2023

Heat Pump Water Heater

$1,750

2023

Heat Pump Air Conditioner/Heater

$8,000

2023

Heat Pump Clothes Dryer

$840

2023

Weatherization

$1,600

2023

Whole Home Energy Reduction

$8,000

2023

Ready to take the next step?

Get a guide right now, and we'll update you when new incentive details are available for your hometown.


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