What’s in the Inflation Reduction Act for New Jersey Homeowners?
Late last summer, the Inflation Reduction Act of 2022 (IRA) was signed into law. With $370 billion designated for programs designed to improve our environment and fight climate change, it offers significant savings to homeowners interested in energy efficiency upgrades.
Today, we’re exploring everything New Jersey homeowners need to know about the IRA: the incentives it includes, how homeowners can take advantage of its savings, and how the South Jersey experts at Bovio Rubino Service can help.
IRA Rebates and Incentives for New Jersey Homeowners
The Inflation Reduction Act encourages homeowners to make energy-efficient home upgrades by offering tax credits and rebates to make them more affordable. As part of the IRA, two new rebate programs, HOMES and HEEHR, were formed. Individual states will be responsible for managing these programs, and when we learn more about their availability in New Jersey, we will update you.
The Energy Efficiency Home Improvement Tax Credit
In the near-term, homeowners can save significantly by taking advantage of the newly-reinstated 25C tax credit, also known as the Energy Efficiency Home Improvement Credit. The IRA increased this credit from 10% to 30% of the total cost of qualifying upgrades, and it replaced the $500 lifetime cap with a much higher annual limit.
Here are some of the services that qualify for this credit, with annual limits for individual measures listed:
- Energy-efficient HVAC systems including furnaces, boilers, and central air conditioning: $600 max
- High-efficiency water heaters: $600 max
- Energy audits: $150 max
- Insulation and weatherization (air sealing): $1,200 max
- Electrical panel upgrades: $600 max
- Heat pumps, mini-splits, and heat pump water heaters: $2,000 mx
The IRA tax credit allows New Jersey homeowners to qualify for as much as $3,200 in tax credits on the above services every year! Reach out to our team today to learn more about the details.
Take Advantage of Savings on Home Efficiency Upgrades with Bovio Rubino Service
With significant savings available for New Jersey homeowners through the Inflation Reduction Act, it’s a great time to consider energy efficiency home improvements to make your home more comfortable, healthy, and efficient. These upgrades are not only beneficial for you and your home, but also for our local community and environment.
When you’re ready to take advantage of savings, turn to the local experts at Bovio Rubino Service. With nearly five decades of experience serving our South Jersey community, Bovio Rubino Service has been helping friends, neighbors, and family improve their homes the right way since 1970. With our team, there are no surprises, and no pressure. Find out how much our team can help you save with IRA incentives today.
Thanks to the Inflation Reduction Act, New Jersey homeowners can save on energy efficiency upgrades. Call (856) 272-7000 or contact us today.
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Through a Competitive Application Process South Jersey Rising Juniors and Seniors Selected for Exposure to Careers, Entrepreneurship and Wellness
The Bovio Rubino Service Young Women’s Leadership Conference takes place on Wednesday, July 15 at the HVAC and Plumbing Services company’s headquarters in Voorhees.
The 13 South Jersey young women selected to attend the Conference are all rising juniors and seniors at local high schools. They completed applications and were chosen through a competitive process. At the Conference they will gain exposure to career paths, entrepreneurship, financial literacy, problem solving and mind and body wellness. A community service project benefitting Cathedral Kitchen in Camden is also planned.
Subject matter experts presenting at the Young Women’s Leadership Conference in addition to Hines include CEO of ACCU Staffing Elaine M. Damm, Senior Investment Manager at Aberdeen plc Zoe McCormick, Jennifer Nagle, Vice President of External Affairs and Special Projects, Philadelphia Convention and Visitors Bureau, Senior Product Manager at SimpliSafe Molly Nugiel, Founder of Higher Minds Laura Rubino and Dr. Barbara Winfield, owner of Family Practice Associates of Voorhees.
After being named one of the top 12 Women in HVAC in America in 2025 by ACHR News, Hines made advancing young women the Bovio Rubino Service community case for 2026. According to the U.S. Bureau of Labor Statistics (BLS) women made up 1.5 percent of HVAC mechanics and installers in 2021. Even fewer women own and run HVAC and Plumbing service companies independently. Hines had few women role models coming up in the business.
“I want to give young women every opportunity for success as they advance in life, both in their careers and as citizens,” Hines, a Mom of two daughters in college and high school, said. “As the owner of a thriving, independent, family-owned business in South Jersey, it’s my way of paying it forward. We are very busy designing the Conference ensuring it will have high impact on the young women in attendance.”
The Bovio Rubino Service Young Women’s Leadership Conference is the program highlight of the HVAC and Plumbing Service company’s 2026 community cause “LeadHERship in ’26” which advances opportunities for young women through career readiness, entrepreneurship, community betterment and a personal health and wellness mindset.
About Bovio Rubino Service
Mom-owned and values-driven, since 1974 Bovio Rubino Service is family-owned and independently operated. Driven by accountability and principles, Bovio Rubino Service promises to treat its customers with honesty and integrity while providing South Jersey homeowners with high-quality HVAC and Plumbing products and service including installation, maintenance and repairs. With morals and good manners, we take care of our customers with highly skilled technicians, always striving to do what is right with unequaled passion. For additional information, contact Lisa Simon of SPRYTE Communications, lsimon@sprytecom.com, 856.857.6555 x22 or visit Bovio Rubino Service.
