Unlock Maximum Savings: Nevada Homeowners’ Complete Guide to 2024 HVAC Rebates and Tax Credits
Nevada homeowners are sitting on a goldmine of savings opportunities in 2024, with unprecedented federal tax credits and rebate programs making HVAC upgrades more affordable than ever. The Inflation Reduction Act (IRA), passed by Congress in 2022, contained billions of dollars in rebates for homeowners for energy efficiency and electrification projects, creating two home energy rebate programs that will provide $8.5 billion to states and territories to lower energy costs and increase efficiency in American homes by making home energy upgrades more affordable.
Federal Tax Credits: Your Immediate Savings Opportunity
The Section 25C credit for residents who purchase qualifying upgrades on their home can receive up to $2,000 for heat pumps (HVAC + water heater) and up to $1,200 for weatherization, including doors, windows, insulation, and for energy audits and electrical panels. This credit expires on Dec. 31, 2025, so homeowners need to act fast to take advantage of these savings.
The 25C Energy Efficient Home Improvement Tax Credit provides a tax credit for eligible heat pumps up to 30% of project costs, capped at $2,000, with a $3,200 yearly cap for all 25C tax credits combined. You can only apply for and claim the 25C tax credit for energy upgrades in the year in which a project is completed – for example, if you purchased your equipment in late 2024 but had it installed in 2025, you have to file the tax credit with your 2025 tax return.
Nevada’s Upcoming Rebate Programs: Big Savings on the Horizon
The rebates will be implemented by the Nevada Governor’s Office of Energy with an expected launch in 2025. These programs offer substantial benefits based on income levels:
- Households that are Low-income (<80% of the Area Median Income as defined by HUD) qualify for 100% rebate on the purchase and installation cost of qualified electrification projects.
- Households that are Moderate income (80-150% of their Area Median Income as defined by HUD) qualify for 50% rebate on the purchase and installation cost of qualified electrification projects.
- The HEEHR maximum rebate is $14,000 for qualifying upgrades.
Your state will determine which products are eligible from the following list — you can save up to $8,000 for an ENERGY STAR-certified electric heat pump for space heating and cooling.
NV Energy PowerShift Program: Instant Savings Available Now
Nevada residents don’t have to wait for 2025 to start saving. NV Energy regularly offers rebates for energy-efficient home improvements, including air conditioning systems, heat pumps, and more through the NV Energy Power Shift Program which allows customers to get instant rebates when they replace their old air conditioners with brand new, high efficiency equipment of 15 SEER or higher.
Qualifying systems include central air conditioners, air source heat pumps, and ductless heat pump systems that meet minimum efficiency requirements of 15.2 SEER2 for air conditioners and heat pumps, and 18 SEER2/9 HSPF2 for ductless systems. Customers who currently participate in the Nevada Energy Assistance Program or live in designated affordable housing are automatically eligible for higher incentives.
Maximizing Your Investment: Strategic Planning Tips
Homeowners can combine either HEEHR or HOMES with the 25C Energy Efficient Home Improvement Tax Credit. This stacking opportunity means Nevada homeowners could potentially save thousands on their HVAC upgrades by timing their projects strategically.
For homeowners considering HVAC upgrades, working with a qualified hvac contractor clark county is essential to ensure you meet all efficiency requirements and properly document your installation for maximum rebate and tax credit eligibility.
Why Choose a Local Expert: Passionate Cooling & Heating’s Commitment
Passionate Cooling & Heating is your one-stop shop for HVAC and plumbing services in Clark County. We’re not just here to fix your AC or plumbing—we’re here to build relationships with our customers. We wouldn’t send anyone to your home we wouldn’t trust in our own.
At Passionate Cooling & Heating LLC, we believe in more than just fixing HVAC systems. Our mission is to provide reliable comfort and improve the quality of life for our clients. With 18 years of experience, we’ve built a reputation for professionalism, integrity, and a genuine commitment to customer satisfaction.
We focus on sustainable options to help reduce your energy bills and environmental impact. Our technicians are NATE-certified, demonstrating their mastery of heating repair and in-depth knowledge of every system. We believe in transparency. Before any work begins, we will always provide you with a clear, detailed quote, allowing you to relax and allow us to perform our magic.
Taking Action: Your Next Steps
If you’ve been putting off that HVAC upgrade, 2025 might just be the year to pull the trigger. Thanks to expanded tax credits, new federal rebate programs, and generous state and utility incentives, homeowners have more ways than ever to save big on energy-efficient heating and cooling systems.
To maximize your savings, consider these steps:
- Schedule a consultation with a licensed HVAC contractor to assess your current system’s efficiency
- Verify your eligibility for current NV Energy rebates and upcoming federal programs
- Plan your installation timeline to take advantage of both immediate rebates and tax credits
- Ensure all documentation is properly maintained for tax filing purposes
There’s never been a better time to invest in a high-efficiency HVAC system. Between tax credits, rebates, and long-term energy savings, you could see thousands back in your pocket—but only if you choose the right equipment and file the right way. If you’re upgrading soon, work with a trusted HVAC pro, ask about rebate-eligible models, and start your paperwork early.
Nevada homeowners have an unprecedented opportunity to upgrade their HVAC systems while maximizing their return on investment. With federal tax credits available through 2025, upcoming state rebate programs launching in 2025, and current utility incentives, the time to act is now. By partnering with experienced local contractors who understand both the technical requirements and rebate processes, you can ensure your investment delivers maximum comfort, efficiency, and savings for years to come.