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Tax Credits

 

 

Tax Credits are available for High efficiency Furnaces, Air conditioners, Mini splits and even efficient blower motors.  We would be happy supply the equipment certificates, with any equipment you purchase, for your tax professional. 

 

 

 

 

Solar Credit (25D) – Available through 2016

The U.S. government offers a tax credit (Solar Tax Credit, 25D) for up to 9% of the total retail cost of the solar-ready air conditioner that’s at the heart of the SunSource® Home Energy System, when applying solar modules. Also covered under 25D, 30% of the cost with no upper limit on solar module installation.
HVAC Credit (25C) – Available for equipment purchased and installed in 2012-2013
In December 2012, President Obama signed the American Taxpayer Relief Act of 2012, extending tax credits on high-efficiency heating and cooling equipment purchased and installed from January 1, 2012 through December 31, 2013. This credit (Residential Energy Credit, 25C) covers up to 10% of the installed costs ($300 limit) of qualifying systems and is offered as part of a larger energy efficiency incentive for home improvements. If you claimed $500 or more for enhancements to your home’s exterior (windows, doors, skylights, insulation, roofing, etc.) from 2006 to 2011, your air conditioner purchase made in 2012-2013 will be ineligible for a tax credit.
Furnace Tax Credit
If you purchased and installed a high-efficiency Lennox® furnace in 2012-2013, you may be eligible for a tax credit of up to 10% of the installed costs ($200 limit). This credit (Residential Energy Credit, 25C) is offered by the U.S. federal government as part of a larger energy efficiency incentive for home improvements. If you claimed $500 or more for enhancements to your home’s exterior (windows, doors, skylights, insulation, roofing, etc.) from 2006 to 2011, your furnace purchase made in 2012-2013 will be ineligible for a tax credit.
Ductless Mini-Split Systems Tax Credit
If you purchased a Lennox® ductless mini-split air conditioner or heat pump in 2012-2013, you may be eligible for a tax credit of up to 10% of the installed costs ($300 limit). This credit is offered by the U.S. federal government as part of a larger energy efficiency incentive for home improvements (Residential Energy Credit – 25C). If you claimed $500 or more for enhancements to your home’s exterior (windows, doors, skylights, insulation, roofing, etc.) from 2006 to 2011, your mini-split purchase made in 2012-2013 will be ineligible for a tax credit.

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