Take advantage of 2013 energy tax credits when HVAC shopping, and you’ll not only reduce the cost of the equipment. Energy tax credits are available for high-efficiency equipment that encourages lower monthly energy bills, fewer repairs and low operating costs over the system’s life. Learn the equipment that qualifies and efficiency rating guidelines.
Energy tax credits
An outcome of the recent fiscal cliff agreement, tax benefits in the form of energy tax credits are included in the package. Homeowners who purchase and install equipment in 2013 can take advantage of tax credits. The credits are also retroactive, and they originally had expired at the end of 2011. If you purchased and installed HVAC equipment in 2012, and you still have your receipt, you can qualify for the retroactive tax credits.
The following equipment is eligible for tax credits:
- Furnaces
- Boilers
- Air conditioners
- Heat pumps
- Water heaters
In addition, materials that improve the home’s efficiency are also eligible for a credit. Products include roofing, windows, skylights, insulation and exterior doors.
Efficiency ratings
Not just any equipment can qualify for the rebate. When HVAC shopping, be sure that the equipment you select meets qualifying guidelines for applicable systems. The equipment you install must meet or exceed these guidelines:
- Heat pump water heaters earn $300 with an energy factor (EF) rating starting at 2.0.
- Propane, natural gas or oil water heaters earn $300 with a 0.82 EF.
- Propane, natural gas or oil boilers qualify for $150 with an annual fuel utilization efficiency (AFUE) of at least 95 percent.
- Propane, natural gas or oil furnaces earn $150 with an AFUE of at least 95 percent.
- Air-source heat pumps earn $300 when they meet these ratings: heating seasonal performance factor (HSPF) 8.5 and seasonal energy efficiency ratio (SEER) 15.
- Central air conditioning qualifies for $300 starting at SEER 16.
The tax credits are capped at $500, and homeowners are free to use the full limit by purchasing any combination of HVAC equipment or materials to improve home efficiency.
When HVAC shopping, enlist the help of Stack Heating & Cooling to select equipment and access energy tax credits. We proudly serve Northeast Ohio homeowners.
Our goal is to help educate our customers in Cleveland, Ohio about energy and home comfort issues (specific to HVAC systems). For more information about 2013 Energy Tax Credits and other HVAC topics, download our free Home Comfort Resource guide.
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Founded in 1976, Stack Heating, Cooling, Plumbing & Electric has been a trusted provider of home comfort solutions in Northeast Ohio for decades. What began as a family-run business specializing in steam and hot water heating has expanded into a full-service company offering expert HVAC, electrical, and plumbing services.
Committed to quality, innovation, and customer satisfaction, Stack operates from its state-of-the-art facility in Avon, where ongoing technician training ensures top-tier service. With a reputation for reliability and expertise, Stack continues to provide homeowners with efficient, high-quality solutions to keep their homes comfortable year-round.
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