Tax credits for residential energy efficiency have now been extended retroactively, through December 31, 2020. This is great news for homeowners who are looking to make comfort improvements this year. Not only will you be more comfortable with a new system but you will have lower utility bills and receive a tax credit as an extra bonus.
Tax Credits on Heating & Cooling Your Home
Use up to 30% less energy in your home by outfitting it with ENERGY STAR certified products. These products are independently certified save energy, save money and protect the environment.
Tax Credit: 10% of cost up to $500 or a specific amount from $50-$300.
Expires: December 31, 2020
Details: Must be an existing home & your principal residence.
We’re here to help you with your comfort needs. Our technicians know what equipment meets the requirements so that you can receive this tax credit.
Here are a few examples of residential energy property costs where this tax credit applies:
- Air source heat pumps
- Central air conditioning
- Gas, propane, or oil hot water boiler
- Gas, propane, or oil furnaces and fans
- Water heaters (non-solar)
- Advanced main air circulating fan
We’re all spending more time in our homes this year. Why not make an investment where your comfort comes first? By choosing ENERGY STAR certified heating and cooling equipment and taking steps to optimize its performance, you can enhance the comfort of your home while saving energy. Saving energy helps you save money on utility bills and protect our climate by helping prevent harmful carbon pollution and reducing other greenhouse gases.