- An non-capped 30 percent tax credit for the purchase of solar water heaters and geothermal heat pumps (which means that homeowners who purchase such equipment can claim a credit for a full 30 percent of the purchase price, regardless of the total cost).
- A $1,500 aggregate tax credit, which begins from the date of enactment (Feb. 17, 2009), that consumers can claim for qualified energy efficient home improvements.
For the more technically savvy - the efficiency levels for split air conditioners and heat pumps have been modified to reflect the highest tier of the 2009 Consortium for Energy Efficiency (CEE) specification. Therefore, only 95 percent AFUE gas furnaces; 90 percent AFUE oil furnaces; 16 SEER/13 EER and above central air conditioners; 15 SEER/12.5 EER/8.5 HSPF split heat pumps; 0.82 energy factor/90 percent thermal efficiency gas, propane, or oil water heaters; and 90 percent AFUE gas, propane, or oil-fired boilers would qualify. This provision replaces the current tax incentives for these products.
If you'd like help in sorting that all out, I suggest using QualitySmith's Free Air Conditioning Estimates service, which gives you up to 3 prescreened local contractors who will offer you advice and prices. Let them know you're looking for the best tax incentives available. QualitySmith contractors are chosen from the most reliable and well established contractors in your area, due to the strict requirements for joining the QualitySmith network.
Put their knowledge to work for you!
Tags: central air conditioning estimates, central air installation cost, central air conditioning cost