Archive for the ‘Tax Credits’ Category

As we discussed in a previous blog, the Federal Tax Credits have been extended for 2011. We are often asked to summarize these credits – so what can you as a homeowner expect for help with your heating and cooling improvements this year? We’ve summarized the answers to the most common questions below:

• Central Air Conditioning: tax credit amount = $300
  Requirements: Split Systems: SEER ≥ 16, EER ≥ 13; Package systems: SEER ≥ 14 EER ≥ 12
• Air-Source Heat Pumps (heat and air conditioning): tax credit amount = $300
  Requirements: Split Systems: HSPF ≥ 8.5, EER ≥ 12.5, SEER ≥ 15; Package systems: HSPF ≥ 8, EER ≥ 12, SEER ≥ 14
• Gas, Propane, or Oil Hot Water Boiler or Furnace: tax credit amount = $150
  Requirements: AFUE ≥ 95
• Gas, Oil, Propane Water Heater: tax credit amount = $300
  Requirements: Energy Factor ≥ 0.82 OR a thermal efficiency of at least 90%.

…find out the details as well as information on more equipment online at Energy Star.

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