For a lot of families, there always seems to be a lengthy list of home improvement projects that they need to get done or new ideas they’d like to give a shot. While several may not be required, furnace replacement is an example of a task that could be key to keeping your home comfortable through the winter months in Port St. Lucie.
Getting a new furnace is a great investment. You’ll certainly see the return-on-investment on your indoor comfort as well as your energy costs, but it could be a tad daunting at first. The good news is that when you select a new energy-efficient furnace, you could 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. It cannot be a furnace that is labeled ENERGY STAR for “U.S. South Only.” When shopping for furnace replacements, watch for solutions with the ENERGY STAR rating so you can be certain you’re selecting a high-efficiency furnace.
At Custom Air Systems Inc, our team can help you find an option that fits your needs and helps you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you’ll need to check the furnace you select 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 won’t be the only savings you’ll observe when you buy a new high-efficiency furnace. A lot of the most efficient furnaces can save you hundreds of dollars on your energy bills all year long. And your family will also have greater confidence in your HVAC system to keep your house at just the right comfort level.
If you have questions concerning your eligibility for a tax credit, or if there are other local savings you could be eligible for by installing a new high-efficiency furnace, give our experts at Custom Air Systems Inc a call at 772-247-2283. You can also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.