Can the IRA help me if I am a renter?

Yes! The up-front electrification rebates and electrification tax credits can all be used by renters.

Many of these upgrades (including window-unit heat pumps, electric stoves, and heat pump clothes dryers) are portable, so renters:

  • Can bring them to their next homes
  • Won't have to leave any savings behind

Renters are also eligible for the used and new EV tax credits. And although they are not exactly consumer-facing, renters will benefit from the:

  • IRA’s $1 billion investment in affordable housing energy upgrades
  • New tax deduction for efficiency upgrades in commercial buildings (including apartment buildings)