Energy Rebates and Credits Under the Inflation Reduction Act

Under the Inflation Reduction Act, signed into law by President Biden on Aug. 16, families in CT-04 may be eligible for hundreds of dollars a year in energy savings. The Inflation Reduction Act also includes direct savings for households to make crucial, cost-saving energy efficiency improvements to their home.

Tax credits will be available as soon as 2023 for purchases of new and used electric vehicles and energy efficient home improvements such as heat pumps and solar panels. 

Connecticut households can find more information on when these credits will take effect and elgibility guidelines here