New Tax Credits in 2023 for HVAC Improvements.

We want to inform you about some tax credits that are new in 2023 that may save you money on your heating and cooling improvements.

Under the Inflation Reduction Act of 2022, new federal income tax credits are available.  These provide up to $3,200 annually to lower the cost of energy efficient home upgrades by up to 30 percent.

Improvements such as:
 – installing heat pumps, 
 – high efficiency central air conditioners (SEER2 > 16 is eligible),
 – high efficiency gas furnaces (AFUE > 97% are eligible), 
 – as well as electrical panel upgrades and more!

These energy efficient upgrades can also help you save money on monthly energy bills for years to come. 

Link to more information about tax credits for homeowners.

Here’s some good news:

If you were at all considering replacing any piece of your heating and cooling system, the upgrades could qualify for the new tax credits.  Now is a great time to schedule free estimate to understand your options. 

Have you noticed the price of HVAC Equipment has gone up? Here’s a video to explain why: