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HVAC Tax Credit and Rebate Opportunities

In many cases, utilities and governments are motivated to offer incentives to encourage homeowners to switch to new, more energy-efficient HVAC systems. Such units reduce the strain on the generating capacity of utilities, and they help meet mandates to reduce carbon emissions. Federal Tax Credit Qualifying central air conditioning (CAC) units purchased before December 31, 2016, qualify for a $300 federal tax credit . To get this tax credit, a homeowner must meet several requirements: The tax credit is only applicable when a new central air system is installed in an existing residence. The home must be one’s principal residence. The new CAC unit must have an energy efficiency ratio (EER) of greater than or equal to 13 , or a seasonal energy efficiency ratio (SEER) greater than or equal to 16. When a qualifying system is purchased and installed, a homeowner can obtain a Manufacturer’s Certification Statement , which is...
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When to Consider Replacing Your Air Conditioner

New air conditioners can be expensive. This is why many homeowners choose to delay purchasing a new one as long as they can. However, if you do not replace your air conditioner as needed, you could find yourself in a hot situation at one point or another. Here are some of the signs that you need to replace your air conditioner . When you Constantly Need Repairs One good indication that it's time to replace your HVAC system is when you are constantly in need of repairs. During this time, you may also begin noticing that your energy bills are increasing significantly. In the end, replacing your system before it gets to this point could actually save you some money. Your Unit is Older than 10 Years Most air conditioners will function properly for about 10 years. After this point, you will probably want to start thinking about getting a replacement....
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