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What is the Inflation Reduction Act?

To help reduce the effects of inflation, the U.S. Government has passed the Inflation Reduction Act of 2022. Of particular interest to homeowners, this act includes a number of tax credits for the installation of qualifying home heating and cooling products. The Act names CEE’s highest tiers (not advanced) as a basis for federal tax credits for several product categories through 2032. Auer Steel has compiled the following list of resources to help you navigate your questions as related to the IRA.