If you have been putting off upgrades to your home heating and cooling system due to budget concerns, we may have some information that will change your mind. Federal energy-based tax credits have been extended for 2011. That means you can now enjoy the long-term benefits of a system upgrade at a reduced initial cost.
If you’re in need of a new central air conditioner, you could be eligible for a tax credit of $300. Qualifying split systems must rate a SEER of 16 or above and an EER of 13 or more. Package systems are required to rate a minimum SEER of 14 and a minimum EER of 12. You will also need the Manufacturer Certification Statement to claim your tax credit.
A tax credit of $300 is also available for air-source heat pumps. Minimums required for a split system are 8.5 HSPF, 12.5 EER, and 15 SEER. Qualifying package systems must rate a minimum of 8 HSPF, 12 EER, and 14 SEER.
If you’re in need of a new natural gas, propane or oil furnace you could qualify for a tax credit of $150. The same hold true for eligible natural gas, propane and oil hot water boilers. In both cases, the model you choose must carry an AFUE rating of at least 95 percent. Also, if the advanced main air circulating fan on your new furnace requires less than 2 percent of that unit’s energy consumption, you may qualify for an additional $50.
As you can see, 2011 is an opportune time to enjoy an affordable system upgrade. If you would like more information about how you can take advantage of the 2011 energy based tax credits, call Paitson Bros. Heating & Air Conditioning today for expert consultation. With almost 90 years of HVAC service in the Wabash Valley, Paitson is a name that Terre Haute residents have come to know and trust.
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.
Pipe Works Services serves Chatham, New Jersey and the surrounding areas. To get started, check out our website.