The air conditioning tax credit is still offered for 2010. It is for a credit of 30% percent of cost up to $1500. For instance if you purchase a qualifying system at the cost of $7000 you will recieve a $1500 tax credit on you 2010 taxes. On top of this the majority of ultility companies offer rebates as well as some manufactor rebates. Here are a list of systems that qualify for such credits and rebates.
- Heat pumps offer an energy-efficient alternative to furnaces and air conditioners in moderate climates. Like your refrigerator, heat pumps use electricity to move heat from a cool space into a warm, making the cool space cooler and the warm space warmer. During the heating season, heat pumps move heat from the cool outdoors into your warm house; during the cooling season, heat pumps move heat from your cool house into the warm outdoors. Because they move heat rather than generate heat, heat pumps can provide up to 4 times the amount of energy they consume
Split Systems:
HSPF ≥ 8.5
EER ≥ 12.5
SEER ≥ 15
Package systems:
HSPF ≥ 8
EER ≥ 12
SEER ≥ 14
-
- Central Air Conditioning (CAC)
Split Systems:
SEER ≥ 16
EER ≥ 13Package systems:
SEER ≥ 14
EER ≥ 12Tax Credit includes installation costs. The best way to find tax credit eligible CACs is to ask your HVAC Contractor (Heating Ventilation and Air Conditioning). To verify tax credit eligibility, ask your HVAC contractor to provide the Manufacturer Certification Statement for the equipment you plan to purchase. Or, search the Manufacturer’s website.
