2024 Tax Credits For Heat Pumps In Ny. How to qualify for and claim hvac tax rebates. Nys clean heat also provides rebates for ground source heat pumps, which are eligible for a 30% ira tax credit and 25% new york state income tax credit.

Federal tax credits and rebates can lower the cost of some green home improvements and electric vehicles. You can receive up to $3,200 in federal tax credits for installing qualifying hvac equipment into an existing home, split between acs, furnaces, or boilers ($1,200) and air.