Energy Tax Credits Are Back!

Posted by Jim Harless on Thu, Feb 7, 2013 @ 14:02 PM

Hello everyone, I hope 2013 is starting out well for you!  I have some good news.  The Energy Tax Credits for installing high efficiency heating and cooling equipment that expired Dec 31, 2011 are back!  And, they are retro-active to Jan 1, 2012.  So, if you installed a new high efficiency heating and cooling system in 2012, then you may qualify for a tax credit this year.  

A gas furnace with an annual fuel utilization efficiency of 95% or higher can qualify for a credit of $150.00.  If your indoor unit has an advanced circulatory fan (a.k.a. a variable speed motor) you can qualify for an additional $50.00.  And, if your outdoor unit is 16 SEER or higher (15 SEER for heat pumps) then you may qualify for a $300.00 tax credit.

Go here for more info :

http://www.hvacdist.com/current-tax.asp

And here :

http://www.energystar.gov/index.cfm?c=tax_credits.tx_index

Jim Harless

 

Topics: Furnace Efficiency, Energy Tax Credits