The cost of replacing an air conditioning unit can be quite a shocker for the average homeowner. But a homeowner who’s ready to purchase a new A/C this summer can get some financial relief by choosing a system that qualifies for federal energy tax credits.
There are a number of minimum requirements which need to be fulfilled in order to qualify for these credits.
- A qualifying central air conditioner must be purchased and installed by December 31, 2013.
- The tax credits are only available for central air conditioner models that have a seasonal energy efficiency ratio (SEER) of at least 16 for a split system and 14 for a package system. The larger the SEER, the more efficient the model.
- Central air conditioners need to have a high energy efficiency ratio (EER). Split systems must have a minimum EER of 13, while package systems must have a minimum EER of 12.
- Tax credits are for existing residences only, so new construction does not qualify for these breaks. Also, the structure must be your primary residence, not a vacation or second home.
The best way to find an air conditioning unit that’s eligible for federal energy tax credits is to review the Manufacturer Certification Statement for any unit you’re considering. These statements should be available from any quality retailer or the manufacturer, and your trusted HVAC technician can help you understand them and select the best system for your home comfort needs.
For help applying the federal energy tax credits to your HVAC upgrade, contact the pros at T.F. O’Brien Cooling & Heating. We’ve been serving homeowners throughout Long Island since 1934.
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