By: Brian Schutt
After the big money being offered by the government for high-efficiency systems over the last few years, we’ve spent most of this year resetting expectations with customers. Unfortunately, we’ve been hearing that many competitors have been over-promising the amounts available for high-efficiency systems.
The absolute facts of the situation as we head into the winter months are this according to the Federal Energy Star website:
– Gas Furnaces of 95% efficiency or greater are eligible for a tax credit of up to $150
– Heat Pumps with a SEER (Season Energy Efficiency Ratio) rating of 15 or greater are eligible to receive a tax credit of up to $300.
Your HVAC contractor should be able to provide you with a certified document from the AHRI, Air-Conditioning, Heating, and Refrigeration Institute, that the exact model equipment meets the tax credit requirements. The IRS is looking at these claims far more closely, so as a customer you should make sure you have this documentation.
Outside of the Federal Tax Credits, you may find some local incentives from companies like Citizens Gas and Duke Energy. Take a look at their websites for specific rebates available.
And always feel free to call us with any questions.