For a lot of households, there typically seems to be a lengthy list of home improvement projects that they want to do or new ideas they’d like to attempt. While a handful may not be necessary, furnace replacement is a job that may be vital to keeping your home comfortable throughout the cooler months in Carson City.
Getting a new furnace is a great investment. You’ll definitely notice the return-on-investment on your indoor comfort along with your utility costs, but it could be a bit intimidating at first. The good news is that when you pick a new energy-efficient furnace, you may be qualified for a federal tax credit.
According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were pushed through December 31, 2020. In order to get the tax credit, you must purchase a furnace that has earned the ENERGY STAR label. It cannot be a furnace that is labeled ENERGY STAR for “U.S. South Only.” When looking for furnace replacements, keep an eye out for products with the ENERGY STAR rating so you can be certain you’re picking a high-efficiency furnace.
At Anderson Heating & A/C, our team can help you choose an option that meets your needs and ensures you qualify for this tax credit. While ENERGY STAR products signify high efficiency, it’s important 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 indicates the percent of heat produced for every dollar of fuel consumed.
This tax credit won’t be the only savings you’ll find when you select a new high-efficiency furnace. Some of the most efficient solutions can save you hundreds of dollars on your energy bills throughout the year. And your family will also have higher confidence in your HVAC system to maintain your indoor space at just the right temp.
If you think of questions regarding your eligibility for a tax credit, or if there are further local savings you could be eligible for by installing a new high-efficiency furnace, give our teams at Anderson Heating & A/C a call at 775-230-7628. You could also visit ENERGY STAR or contact your local utility company if you have questions about other eligible home products.