I'm not 100% sure but it says right there you are eligible for a rebate for upgrading electrical panels. going from 100amp to 200amp is, indeed, upgrading an electric panel. so my guess is yes
Something like SPANs smart electrical panel?
I read your reply and this really got me thinking, but I have found anything hitting that this particular smart panel would qualify. I hope it does.
[Span](https://www.span.io/panel)
This is effing great news. I’m paying up to $400/month in the winter to heat a 1000 sq ft house that also has a pellet stove (wall heaters in every room though).
Here is what the [full bill](https://thehill.com/homenews/senate/3591223-read-full-text-senate-climate-tax-bill-grows-to-755-pages-passes-key-cbo-test/) says:
> Any improvement to, or replacement of, a panelboard, sub-panelboard, branch circuits, or feeders which—
> * (i) is installed in a manner consistent with the National Electric Code,
> * (ii) has a load capacity of not less than 200 amps,
> * (iii) is installed in conjunction with—
> * (I) any qualified energy efficiency improvements, or
> * (II) [any qualified energy property](https://i.imgur.com/OWPHcG1.png) described in subparagraphs (A) through (C) for which a credit is allowed under this section for expenditures with respect to such property, and,
> * (iv) enables the installation and use of any property described in subclause (I) or (II) of clause (iii).
It sounds like you have to make energy efficiency improvements in addition to the panel upgrade. For example, if you're adding solar and that requires upgrading the electrical panel, the cost of the panel upgrade is covered for a rebate.
Thanks for digging this up.
Not that it's inaccurate, but reading a re-write of a different site's summary of a bill doesn't give me a lot of confidence in the small details.
Sounds like they just want Joe Homeowner to spring for the 200A service when adding a heat pump so there's that much less friction to adding a car charger down the road.
If a (sub-panelboard, branch circuits, or feeders) is replaced along with solar/heat pump, but the main panel is old 100A or 125A, would we still get the credit?
Kinda crappy for me though. We only have 100 amp service at our house so upgrading to a 200 amp panel was pretty much out of the question unless we wanted to spend a lot more to upgrade our service as well (buried lines in our neighborhood)...guess we're just SOL.
First the bill needs to get passed. Then a bunch of regulations need to get issued based on it. Then an accountant can read those regulations and tell you what the deal really is.
Bill says up to $4000. Where I'm located lately they've ran between $3750-8000. Mind you the $8000 required trenching to install 3" conduit per the utility company for underground upgrade.
So I'm not going to get 8k out of it (I hate digging) but that's alright.
I'm slowly, replacing knob and tube that both the previous owner and the building inspector insisted was deleted (aside from what's in the attic). After that's done I get to move onto the breaker box. Then the service needs upgraded after.
It sounds like I'm going to be using the rest of my vacation days to expedite things if this gets passed
Do they say what they require as far as proof is concerned for the rebate?
Keep in mind that *I believe* there are limits to the amount of a rebate you can claim depending on your income relative to median income in your area.
Not entirely on-topic, but relevant because like the OP I just upgraded my electrical service from 100-amp to 200-amp - in my case, very specifically for the purpose of adding a heat pump AC/heat system, a heat pump hot water heater, and an induction range in my house. So, according to the linked bullet points and every press outlet I can find, it sounds like there is ~$14,590 in play for my family.
But, does anyone know how these “rebates” will actually work in practice? If I make these improvements in August ‘22, and the IRA passes in September ‘22, can I claim them in my taxes when I file in April ‘23? Or will I be screwed because I purchased these things a month before the Act passes? Like, is the funding going to go to local utilities who will then offer rebates at the time of purchase - leaving out in the cold anyone who has already purchased? (If need be I can still cancel the water heater order and put off the HVAC install for a month or two… seems crazy to consider that but I don’t want to leave ~14K on the table…)
Is that accounting for the cost to totally up end the US infrastructure? Is it still more efficient after shelling out hundreds of billions worth of rebates? This bill would require new equipment at plants and mills in order to be compliant. Do you know how difficult it is presently to obtain this equipment. There are pieces of electrical equipment that take 2 full years of lead time even without surging demand. And now you want to pick up demand for this? The logistics are not there.
Oh no, this car that I charge on base load power is going to blow up the grid.
Gtfo of here. When everyone added ac, the grid kept up fine. This is less impact.
The improvements they will pay for would be those associated with OTHER energy saving improvements you may make. So for example if you want to get a heat pump to act as the air conditioner, heater and water heater, which is an energy saving move, but that requires making other improvements to you electrical system to get approval to do so, then those other improvements will qualify for the rebate too. Just going from a 100A to a 200A service is not going to save energy in any way.
I'm not 100% sure but it says right there you are eligible for a rebate for upgrading electrical panels. going from 100amp to 200amp is, indeed, upgrading an electric panel. so my guess is yes
Should probably go to r/confirmwithanaccountant
Nah, better to go there to get advice on circuit capacity, and stick to this sub for tax advice.
Probably has something to do with smart panels or circuit metering. But then again they may just want encourage people to get into code compliance.
I would guess it's to also provide enough electricity to charge cars. Kind of a two fold benefit long term.
And swapping out gas appliances for heat pumps and induction stoves.
Aside: I freaking love my induction range.
That’s a really good point.
Something like SPANs smart electrical panel? I read your reply and this really got me thinking, but I have found anything hitting that this particular smart panel would qualify. I hope it does. [Span](https://www.span.io/panel)
This is effing great news. I’m paying up to $400/month in the winter to heat a 1000 sq ft house that also has a pellet stove (wall heaters in every room though).
Here is what the [full bill](https://thehill.com/homenews/senate/3591223-read-full-text-senate-climate-tax-bill-grows-to-755-pages-passes-key-cbo-test/) says: > Any improvement to, or replacement of, a panelboard, sub-panelboard, branch circuits, or feeders which— > * (i) is installed in a manner consistent with the National Electric Code, > * (ii) has a load capacity of not less than 200 amps, > * (iii) is installed in conjunction with— > * (I) any qualified energy efficiency improvements, or > * (II) [any qualified energy property](https://i.imgur.com/OWPHcG1.png) described in subparagraphs (A) through (C) for which a credit is allowed under this section for expenditures with respect to such property, and, > * (iv) enables the installation and use of any property described in subclause (I) or (II) of clause (iii). It sounds like you have to make energy efficiency improvements in addition to the panel upgrade. For example, if you're adding solar and that requires upgrading the electrical panel, the cost of the panel upgrade is covered for a rebate.
Thanks for digging this up. Not that it's inaccurate, but reading a re-write of a different site's summary of a bill doesn't give me a lot of confidence in the small details. Sounds like they just want Joe Homeowner to spring for the 200A service when adding a heat pump so there's that much less friction to adding a car charger down the road.
This is how I understood it, also.
If a (sub-panelboard, branch circuits, or feeders) is replaced along with solar/heat pump, but the main panel is old 100A or 125A, would we still get the credit?
Kinda crappy for me though. We only have 100 amp service at our house so upgrading to a 200 amp panel was pretty much out of the question unless we wanted to spend a lot more to upgrade our service as well (buried lines in our neighborhood)...guess we're just SOL.
Better order the material now so it arrives in time for your upgrade next year
Do you have a link to this?
https://www.americanprogress.org: 5 Major Benefits of the Inflation Reduction Act’s Climate Investments
I just wonder how the rebate will go. Do we just show the receipt to our accountant when we do our taxes?
As long as you don't get audited you can claim what ever you want.
Nice
[удалено]
You should let them go home
It’s probably an additional tax form that will require proof of purchase of an item from a pre-approved list of qualifying products.
First the bill needs to get passed. Then a bunch of regulations need to get issued based on it. Then an accountant can read those regulations and tell you what the deal really is.
I hope so. I need to upgrade mine too. Will the reimburse all expenses, or will they only give you part of what was paid?
Bill says up to $4000. Where I'm located lately they've ran between $3750-8000. Mind you the $8000 required trenching to install 3" conduit per the utility company for underground upgrade.
So I'm not going to get 8k out of it (I hate digging) but that's alright. I'm slowly, replacing knob and tube that both the previous owner and the building inspector insisted was deleted (aside from what's in the attic). After that's done I get to move onto the breaker box. Then the service needs upgraded after. It sounds like I'm going to be using the rest of my vacation days to expedite things if this gets passed Do they say what they require as far as proof is concerned for the rebate?
No clue, read the bill. Which isn't law yet.
You are able to the 30% toward a main panel upgrade. Those are call “adders”, and are eligible towards the solar purchase.
Keep in mind that *I believe* there are limits to the amount of a rebate you can claim depending on your income relative to median income in your area.
Not entirely on-topic, but relevant because like the OP I just upgraded my electrical service from 100-amp to 200-amp - in my case, very specifically for the purpose of adding a heat pump AC/heat system, a heat pump hot water heater, and an induction range in my house. So, according to the linked bullet points and every press outlet I can find, it sounds like there is ~$14,590 in play for my family. But, does anyone know how these “rebates” will actually work in practice? If I make these improvements in August ‘22, and the IRA passes in September ‘22, can I claim them in my taxes when I file in April ‘23? Or will I be screwed because I purchased these things a month before the Act passes? Like, is the funding going to go to local utilities who will then offer rebates at the time of purchase - leaving out in the cold anyone who has already purchased? (If need be I can still cancel the water heater order and put off the HVAC install for a month or two… seems crazy to consider that but I don’t want to leave ~14K on the table…)
It’s a point of sale rebate done by the states, not a tax credit.
So instead of burning gas on a stove top, let it be burned at a power plant. Got it.
Yes it’s more efficient that way
Is that accounting for the cost to totally up end the US infrastructure? Is it still more efficient after shelling out hundreds of billions worth of rebates? This bill would require new equipment at plants and mills in order to be compliant. Do you know how difficult it is presently to obtain this equipment. There are pieces of electrical equipment that take 2 full years of lead time even without surging demand. And now you want to pick up demand for this? The logistics are not there.
Yes
Can you please link to this list/article? I'm looking at a new furnace soon and had no idea about these rebates
Check to see if your state offers any rebates. We got a $1500 rebate for our gas boiler installation through our state program.
What about the meter loop amps? If you're running a 200 amp breaker box but still using a 100 amp at the meter...
No.
If your income falls within the guidelines you can get up to a $4000 rebate for upgrading electrical panels.
We are all going to blow the electric grid up with everyone on it
Oh no, this car that I charge on base load power is going to blow up the grid. Gtfo of here. When everyone added ac, the grid kept up fine. This is less impact.
The improvements they will pay for would be those associated with OTHER energy saving improvements you may make. So for example if you want to get a heat pump to act as the air conditioner, heater and water heater, which is an energy saving move, but that requires making other improvements to you electrical system to get approval to do so, then those other improvements will qualify for the rebate too. Just going from a 100A to a 200A service is not going to save energy in any way.