For many households, there always seems to be a large list of home improvement projects that they would like to complete or new ideas they’d like to give a shot. While a handful may not be necessities, furnace replacement is a job that might be vital to keeping your home comfortable throughout the colder months in Northridge.
Selecting a new furnace is a big investment. You’ll absolutely recognize the return-on-investment on your indoor comfort as well as your utility costs, but it could be a bit overwhelming at first. The good news is that when you select a new energy-efficient furnace, you may be approved 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 receive the tax credit, you are required to 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 shopping for furnace replacements, keep an eye out for heat pumps with the ENERGY STAR rating so you can be sure you’re picking a high-efficiency furnace.
At Enertek Air Conditioning & Heating, our team can help you choose a solution that fits your needs and helps you qualify for this tax credit. While ENERGY STAR products indicate high efficiency, it’s important to clarify that the furnace you choose has an Annual Fuel Utilization Efficiency (AFUE) greater than 95, in order to qualify for the tax credit. AFUE means the percent of heat produced for every dollar of fuel consumed.
Qualifying for the tax credit won’t be the only savings you’ll find when you purchase a new high-efficiency furnace. Some of the most efficient products can save you hundreds of dollars on your energy bills during the year. And your household will also have more 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 might be eligible for by purchasing a new high-efficiency furnace, give our teams at Enertek Air Conditioning & Heating a call at (818) 727-9993. You may also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.