Hungarian Vulcan Association Combined – Thats right HVAC Fed Tax Credits

(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:

 http://www.energystar.gov/index.cfm?c=products.pr_tax_credits#c3

HVAC Central A/C Split Systems:
EER >=13
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) PDF Exit ENERGY STARNot 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

(http://www.youtube.com/watch?v=hnz-wd9uMrY )

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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.

( http://www.youtube.com/watch?v=98XqT4kBWT4 )

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:

http://www.century-ac.com/consumer_tax_incentives.htm

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.

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(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.

http://energytaxincentives.org/general/incentives.php

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:

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When in doubt you can always shop at SEARS

http://www.searshomeimprovements.com/ProductOffer1.aspx?OVMTC=Broad&site=&creative=2768202091&OVKEY=heat+pumps&gclid=CNHe7pK-85oCFQ3yDAodtlirdw&o=2&t=102&primary=true

Your choice in a home improvement company is a big decision. Choose a company you can trust for reliable products, service, installation and peace of mind on one of your biggest investments – your home. Choose Sears!

Reduce Energy Costs and get up to a $1500 Tax Credit from the 2009 Stimulus Package with a new Heating & Cooling System


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Gosh just like mom and pops

(http://www.youtube.com/watch?v=AscPOozwYA8 )

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