Energy Tax Credit
There is now a significant tax incentive for making improvements the your homes overall efficiency, which now includes HVAC thanks to the American Recovery and Revitalization Act of 2009. The new law will give homeowners the chance to claim up to 30% of the costs(with a $1,500 limit) for installing higher efficiency boilers, furnaces, air source heat pumps, central air conditioners, and water heaters for the 2009 and 2010 tax years. Also, energy companies will often times give a cash rebate for installing more efficient equipment. When you add in the $1,500 tax credit, savings on your energy bill from the more efficient equipment, possible manufacturer and government rebates, you get a great price. Here is the full list of improvents that qualify for the $1,500 tax credit: Windows and Doors -Exterior Windows and Skylights -Storm Windows -Exterior Doors -Storm Doors Roofs -Metal Roofs -Asphalt Roofs HVAC -Central A/C -Air Source Heat Pumps -Natural Gas or Propane Furnace -Oil Furnace -Gas, Propane, or Oil Hot Water Boiler -Advanced Main Air Circulating Fan Water Heaters -Gas, Oil, Propane Water Heater -Electric Heat Pump Water Heater Biomass Stoves Insulation
Popular ArticlesFurnace MaintenanceHow to Change a Thermocouple How to Install a Water Heater How to Troubleshoot a Thermostat Boiler Maintenance How to Replace a Hot Surface Ignitor
|
