No, we don’t mean that you should really go take a hike if you don’t support the green movement, we just want to stress the point that green, energy-efficient appliances, are the direction in which the home improvement industry is moving. New heating installation of an energy efficient product is a great place to start. You may even qualify for a federal tax credit for installing an energy efficient system into your home.
In 2010 you were able to take up to 30% of the cost, up to $1,500 max, as tax credits for an eligible heating and cooling system. However, you had to have these appliances installed by the end of last year, 2010, to qualify. If you didn’t get to this by the end of the year, the government has issued a suite of less-generous but still useful energy tax credits for heating and cooling systems and related energy-efficient improvements.
You can get a lifetime credit max of 10% of cost, up to $500 for all energy improvements combined. If you do install a new energy efficient heating and cooling system, make sure to save manufacturer certifications and receipts in case you need them for filing. You must also complete these renovations by December 31st, 2011. If you decide that you’d like to jump on the energy-efficient bandwagon, call us at Sam Mechanical for all your HVAC installation needs!
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