For most households, there usually seems to be a long list of home improvement projects that they would like to get done or new ideas they’d like to attempt. While several may not be necessities, furnace replacement is an example of a job that could be critical to keeping your home comfortable through the colder months in Huffman.
Purchasing a new furnace is a great investment. You’ll absolutely feel the return-on-investment on your indoor comfort in addition to your utility costs, but it could be a tad 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 prolonged through December 31, 2020. In order to get the tax credit, you are required to purchase a furnace that has earned the ENERGY STAR label. However, it can’t be a furnace that is labeled ENERGY STAR for “U.S. South Only.” When browsing for furnace replacements, keep an eye out for solutions with the ENERGY STAR rating so you can be confident you’re selecting a high-efficiency furnace.
At Air Houston Mechanical LLC, we’ll help you select a product that matches your needs and helps you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you will want to clarify that 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.
Taking advantage of this opportunity will not be the only savings you’ll observe when you select a new high-efficiency furnace. A lot of the most efficient products can save you hundreds of dollars on your energy bills all year long. And your family will also have more confidence in your HVAC system to help your home stay at just the right temp.
If you have questions regarding your eligibility for a tax credit, or if there are further local savings you might be eligible for by installing a new high-efficiency furnace, give our professionals at Air Houston Mechanical LLC a call at 832-777-1521. You could also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.