(and its Jam Band Friday – http://www.youtube.com/watch?v=xwGL5LDb4u8 )
If you think that I am going to cover all the Energy Efficient HVAC options covered by these credits you would be out of your mind…It would take for ever. Even though it is Jam Band Friday and I could just sit around and listen to Eric Clapton all day. But first the Tax credits:
|HVAC||Central A/C||Split Systems:
SEER >= 16Package systems:
EER >= 12
SEER >= 14
|30% of cost, up to $1,5002||For a list of qualified products, read this FAQ.Note — not all ENERGY STAR products will qualify for the tax credit. View ENERGY STAR criteria.|
|Air Source Heat Pumps||Split Systems:
HSPF >= 8.5
EER >= 12.5
SEER >= 15Package systems:
HSPF >= 8
EER >= 12
SEER >= 14
|30% of cost, up to $1,5002|
|Natural Gas or Propane Furnace||AFUE >= 95||30% of cost, up to $1,5002||For a partial list of qualifying products go to: Air-Conditioning, Heating, Refrigeration Institute (AHRI) Not all ENERGY STAR products will qualify for the tax credit. View ENERGY STAR criteria for furnaces, boilers.|
|Oil Furnace||AFUE >= 90||30% of cost, up to $1,5002|
|Gas, Propane, or Oil Hot Water Boiler||AFUE >= 90||30% of cost, up to $1,5002|
|Advanced Main Air Circulating Fan||No more than 2% of furnace total energy use. Read this FAQ if the fan qualifies, but the furnace does not.||30% of cost, up to $1,5002|
I can not believe that they are still offering tax credits for home heating oil furnaces. That is so late 1800s. The idea that they would be still supporting boilers for gods sake is so 1940s. Proof That some things never go away. While I much prefer ground based heat pumps Open Air heat pumps are just OK.
Air Source Heat Pumps Split Systems:
HSPF >= 8.5
EER >= 12.5
SEER >= 15
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For a much broader discussion of this plus everything else under the sun:
What are the efficiency requirements to qualify for the credits?
Manufacturers and retailers should be able to help you tell whether a specific product qualifies.
The qualification specifications are:
- Furnaces and Boilers: Natural gas & propane furnaces must meet an Annual Fuel Use Efficiency (AFUE) 95 or higher, oil furnaces and gas, oil and propane boilers must meet an AFUE of 90 or better.
- Central Air Conditioning Units:
- Central air conditioning units and air-source heat pumps must meet the highest tier standards set by the Consortium for Energy Efficiency (CEE) as of February 17, 2009, which in most cases requires a Seasonal Energy Efficiency Ratio (SEER) of 16. SEER measures performance throughout the cooling season. More information on the CEE specification.
- Biomass Stoves: Stoves must have a thermal efficiency of 75% as measured using a lower heating value, and be used to heat a dwelling unit or heat water for use in the same. The law defines biomass fuel as anything from agricultural crops, trees, wood wastes & residues to pellets, plants, grasses and fibers.
- Fans for heating and cooling systems: fan uses no more than 2% of total heating system energy use, as defined by DOE test procedure. For more information, see the Gas Appliance Manufacturers Association web site. It is still unclear how the 2009 Stimulus legislation has impacted this incentive – it seems reasonable to assume that the cost basis will be the reasonable cost of the fan, not the entire furnace. IRS has yet to issue specific guidance on this issue.
- Water Heaters:
- Gas or propane water heaters—Energy Factor of at least 0.82, or a thermal efficiency of at least 90%.
- Heat pump water heaters—Energy Factor of at least 2.0
Where must the equipment be used?
Under guidance issued by the IRS, equipment is eligible if installed in a home occupied by a taxpayer as their principal residence at the time the equipment is installed. This implies that equipment in new homes is generally not eligible since in new homes equipment is generally installed prior to occupancy. However, efficient equipment in new homes can help that home qualify for the new home tax credit.
(There was so much more then Layla from Derek and the Dominos –http://www.youtube.com/watch?v=gxAKPBrjvqI )
If you are interested in the State Tax Incentives for Energy Efficient HVAC equipment here is an excellent site.
State and Utility Incentives
In addition to the federal tax incentives, complementary incentives may be available from your state or local utility. For information on many of these programs, see these links:
- ACEEE’s State Energy Efficiency Policy Database
- The Database of State Incentives for Renewables & Efficiency (DSIRE)
- Energy Star’s Appliance Rebate Locator (by zip code)
- California: The Flex your Power Briefing Room provides easy access to California energy efficiency outreach materials, press & media resources and campaign information for our partners, affiliates, media, journalists, and stakeholders.
- Kentucky Incentives
- New York: NYSERDA’s resource for clean, energy-efficient products and solutions.
- Vermont: Efficiency Vermont
- Wisconsin: Focus on Energy
- State Energy Efficiency Index created by the Alliance to Save Energy
- Programs and Incentives Information from the Edison Electric Institute
- National Association of State Energy Officials
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Gosh just like mom and pops