Whether you’re upgrading HVAC equipment by choice or necessity, 2011 is a good year thanks to tax credits for consumer energy efficiency being offered by the federal government. Not all equipment is eligible, however, so it pays to do your homework before making a purchase. Let’s take a look at some of the requirements you’ll need to consider in order to take advantage of these significant savings.
To qualify for $300 back on central air conditioning:
- Split systems must carry a minimum 13 EER and 16 SEER.
- Package systems must carry a minimum 12 EER and 14 SEER.
To qualify for $300 back on electric heat pumps:
- Split systems must carry a minimum 8.5 HSPF, 12.5 EER, and 15 SEER.
- Package systems must carry a minimum 8 HSPF, 12 EER, and 14 SEER.
$150 in tax credits are available for:
- Natural gas or propane furnaces rating a minimum AFUE of 95 percent.
- Oil furnaces rating a minimum AFUE of 90 percent.
- Gas, propane, or oil hot water boilers rating a minimum AFUE of 90 percent.
You may also be eligible for tax credits on your advanced main air circulating fan:
- $50 back if you fan uses no more than 2 percent of the energy consumed by a qualifying furnace.
- 30 percent back on fans where the furnace does not qualify.
As you can see, qualifying upgrades are eligible for significant returns thanks to federal tax credits for energy efficiency in 2011. For more information, contact Overland Park Heating & Cooling and let one of our trained technicians help you get the most for your money with a tax credit-eligible HVAC upgrade. Call us today!
Our goal is to help educate our customers about energy and home comfort issues (specific to HVAC systems). For more information, click here to download our free Home Comfort Resource guide.