IRS / Inflation Reduction Act
Note: Congress ended this federal tax credit for installations after December 31, 2025. Projects placed in service by that date can still be claimed on your 2025 federal return (IRS Form 5695).
Federal tax credit for installing qualifying heat pumps, including air-source and geothermal systems. Credit covers 30% of costs up to $2,000 for heat pumps. Must meet ENERGY STAR efficiency requirements.
30% tax credit on qualifying heat pump installation costs
Official program page checked live on 2026-06-22.
Data last verified 2026-06-09. How we verify our data.
In Hoffman Estates, IL, you can combine this program with other local help to cut your cost:
A grant-savvy contractor in Hoffman Estates, IL can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.
You will likely need a contractor to apply
Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Hoffman Estates early keeps your application moving.
Get matched with a contractorEach program sets its own contractor rules. Check the official program page for exact requirements.
Documents you will likely need
Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Ended December 31, 2025 (federal law change)
Ask us. It is free, and a real person answers within a business day.
Email us about this programGrant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
Rebates and discounts that stack on top of any grant. Most are free to use.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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