The Inflation Reduction Act (IRA) is thenewestgovernment program offering free water heaters to some people. IRA includes rebates and tax credits for upgraded equipment that uses electricity rather than gas, which is supposedly better for the environment. Rebate Program The IRA rebate program provides...
Home Electrification Rebates: Apply specifically to heat pumps and supporting equipment (breaker boxes, wiring, ventilation) Energy Efficient Tax Credit: Refunds $2,000 for heat pumps and $600 for related upgrades (panel boards, circuit boards, feeders) Water Boilers Middle and upper-income families...
Australian federal and state government policy, in the form of financial rebates has been a major strategy to accelerate the uptake of PVs and phasing out of electric water heaters in NSW and across Australia. Electric water heating accounted for 11% of total energy use in Australia in 2007 [...