Inflation Reduction Act (IRA)

Inflation Reduction Act


To view the original Energy Efficiency Incentives for Middleborough Households chart created by Sustainable Middleborough, click here

The data for this guide was compiled by Sustainable Middleborough with information from Rewiring America, DSIRE USA, and MASS energyCENTS

Quick Links


Follow these helpful links for more information regarding the Inflation Reduction Act.
IRA State and Federal Incentives
Product Federal Incentive Federal Tax Credit Masschusetts Tax Credit Total Incentives Available (Including MGED Rebates)
Electric Panel Upgrade 100% of costs (low income)/ 50% of costs (moderate income) up to $4,000 30% tax credit (max $600/year) if panel upgrade combined with other upgrades (e.g. heat pump). No max if upgrade is combined with installation of solar N/A up to $4,000
Electric Wiring 100% of costs (low income)/ 50% of costs (moderate income) up to $2,500 N/A N/A up to $2,500
Heat Pump Water Heater 100% of costs (low income)/ 50% of cost (moderate income) up to
$1750
 30% tax credit (max $2,000/year) N/A up to $4,500
Heat Pump Heat/Air Conditioner 100% of costs (low income)/ 50% of costs (moderate income) up to $8,000 30% tax credit (max $2,000/year) Equipment purchases are exempt from Mass. State sales tax up to $13,750
Weatherization 100% of costs (low income)/ 50% of costs (moderate income) up to $1,600 30% tax credit 
(max $1,200/year) Insulation & air sealing (max $1,200) Doors ($500) Windows ($600) Energy audits ($150)
 N/A up to $5,050
Efficiency Rebates 80% of project costs (low income)/ 50% of costs (moderate income) up to $4,000 for 35% energy reduction N/A N/A up to $4,000
Energy Efficiency Mortgages Homeowners can qualify to borrow funds beyond those in a regular mortgage to finance energy efficiency improvements through FHA, VA, and conventional mortgages and refinancing N/A N/A N/A
Battery Storage Installation N/A 30% tax credit for equip. and installation N/A 30% tax credit
Geothermal Heating Installation N/A 30% tax credit for equip. and installation N/A 30% tax credit
Rooftop Solar Installation N/A 30% tax credit (no max) Tax credit for 15% of cost of renewable energy systems (solar panels, solar water heater, solar space heater, wind power) up to a max of $1,000. Equipment purchases are exempt from sales tax. Increased home value may be exempt from property tax up to $16,000 plus a 30% tax credit
New Electric Vehicle N/A $7,500 tax credit for vehicles with MSRP of $80,000 or less. Check if car meets requirements for North American manufacturing & sourcing $3,500 rebate for battery/fuel cell EVs costing less than $55,000 or
$1,500 rebate for plug-in hybrid (MOR-EV program)
 up to $11,000
Used Electric Vehicle N/A $4,000 for cars with price of $25,000 or less. State rebate program is scheduled to begin 7/1/2023. Details to be announced up to $4,000
Level 2 Electric Vehicle Charger N/A 30% tax credit up to max of $1,000 N/A up to $1,300
Electric Stove/Electric Clothes Dryer 100% of costs (low-income)/ 50% of costs (moderate income) up to $840 N/A N/A up to $840