Yes, it’s true, there are still tax credits available to assist Long Island homeowners with the purchase of energy efficient home comfort products.
Here are some of the details of the tax credits that are available in 2011:
- $150 credit for natural gas, propane or oil furnaces and boilers meeting the 95 AFUE (Annual Fuel Utilization Efficiency) energy standard
- $50 credit for high-efficiency main air circulating fans or blower motors.
- $300 credit for air source heat pumps with a minimum SEER (Seasonal Energy Efficiency Ratio) rating of 14 or 15 depending on the type; central air conditioning with a SEER of at least 14 or 15 depending on the type; biomass organic fuel stoves with an efficiency rating of at least 75 percent; gas, propane or oil water heaters with a thermal efficiency of at least 90 percent; electric heat pump water heaters with an energy factor of greater than 2.0.
Most HVAC credits must be used for your principal residence. Energy Star, a government resource, recommends consulting your HVAC contractor to be sure you’re choosing equipment that will qualify for credits.
is ready to assist you in choosing energy-efficient heating, cooling and ventilation products. We’ve been serving Long Island area homeowners for more than 75 years and we are happy to share our expertise. For in-depth information on a number of HVAC issues, energy savings and safety tips, browse our informative website or contact us directly. T.F O’Brien
Our goal is to help educate our customers about energy and home comfort issues (specific to HVAC systems). For more information about tax credits and other HVAC topics, click here to download our free Home Comfort Resource guide.