For a lot of homeowners, there usually seems to be a long list of home improvement to-do’s that they would like to complete or new ideas they’d like to try. While some may not be necessary, furnace replacement is a task that could be vital to keeping your home comfortable during the winter months in Pacheco.
Selecting a new furnace is a big investment. You’ll certainly realize the return-on-investment on your indoor comfort as well as your energy bills, but it may be a little intimidating at first. The good news is that when you pick a new energy-efficient furnace, you might be eligible for a federal tax credit.
According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were extended through December 31, 2020. In order to receive the tax credit, you have to select a furnace that has earned the ENERGY STAR label. Keep in mind it can’t be a furnace that is labeled ENERGY STAR for “U.S. South Only.” When browsing for furnace replacements, watch for heat pumps with the ENERGY STAR rating so you can be confident you’re selecting a high-efficiency furnace.
At Clean Air HVAC, the experts will help you find a solution that fits your needs and makes sure you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you’ll need to confirm the furnace you pick has an Annual Fuel Utilization Efficiency (AFUE) greater than 95, in order to qualify for the tax credit. AFUE represents the percent of heat produced for every dollar of fuel consumed.
This tax credit will not be the only savings you’ll observe when you select a new high-efficiency furnace. Some of the most efficient products can save you hundreds of dollars on your utility costs during the year. And your family will also have more confidence in your HVAC system to help your home stay at just the right comfort level.
If you come across questions about your eligibility for a tax credit, or if there are additional local savings you might be eligible for by buying a new high-efficiency furnace, give our professionals at Clean Air HVAC a call at 925-233-6238. You could also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.