WHO KNEW When Rebates from the Inflation Reduction Act Will Be Available?
Yesterday we wrote about the exciting opportunities for rebates and tax incentives available to consumers from the Inflation Reduction Act. That is true. There is a caveat, however. Rebates may not be available until near the end of 2023 or early 2024 because the rebates will be distributed by state energy offices and each state must set up the system they will use. Tax credits will be available for 2023.
This article from the “Los Angeles Times” explains this. So as you make plans for your home improvement electrification, keep in mind when rebates will be available.