2011 Tax Credit Information

From now until December 31st, 2011 you can get a tax credit of 10% of the cost of an HVAC system up to $500 or a specific amount from $50 to $300! The Federal tax credits apply to a wide range of HVAC system products. This tax credit is effective for all qualifying HVAC systems installed through 2011. The tax credit is only valid for a home that is owned by the taxpayer and is used as the principle residence of the taxpayer. Unfortunately, new construction and rentals do not qualify. However, if you are a homeowner take advantage of this tax credit, which may or may not return next year!

Get the following tax credits in 2011 on HVAC systems and products:

• Advanced Main Air Circulating Fan – Tax Credit Amount: $50 (Requirement: Must use no more than 2% of the furnace's total energy.)


• Air Source Heat Pumps – Tax Credit Amount: $300 (Requirements: Split Systems: HSPF ≥ 8.5, EER ≥ 12.5, SEER ≥ 15 Package systems: HSPF ≥ 8, EER ≥ 12, SEER ≥ 14)


• Central Air Conditioning – Tax Credit Amount: $300 (Requirements: Split Systems: SEER ≥ 16, EER ≥ 13 Package systems: SEER ≥ 14, EER ≥ 12)


• Gas, Propane, Oil Hot Water Boiler – Tax Credit Amount: $150 (Requirements: AFUE ≥ 95)


• Natural Gas, Propane or Oil Furnace - Tax Credit Amount: $150 (Requirements: AFUE ≥ 95)