Are there tax credits for HVAC?

[mrsklamc]

Our AC may be on its last legs.

Thanks!

 

[3boymthr]

Yes, there a tax credit for 30% up to $1,500 depending upon they type of unit you install, it has to be more efficient that the unit you currently have. Some units also require the installation of a new furnace so read the regulations carefully.

Some electric companies are also offering a $500 rebate on certain energy efficient units. I have National Grid and DH is going to install a unit for us that will get us this rebate - Because DH is doing the installation work himself, our cost after the rebate and tax credit is going to be $100

 

[dex08]

Here's the government's website on the tax credits for energy efficient home improvements

http://www.energystar.gov/index.cfm?c=tax_credits.tx_index