Here is everything you need to know about credits when purchasing a new HVAC system in 2023.
Here are our savings when you choose Deluxe for a New HVAC Systems:
10 Year Warranty on Parts and Labor
1 Year WORRY-FREE Club Member
FREE Wi-Fi Thermostat
3 Month Deferred Loan Payment & Up to 144 Months Financing
2023 Energy Efficiency Home Improvement Tax Credit
What
The IRA amended the 25C tax credit program for 2023
Consumers are eligible for 30% of the total cost of a qualifying home improvement; up to $1,200 for HVAC equipment (annual cap)
Up to $600 for qualified air conditioners and gas furnaces with a $1,200 limit per house house
Up to $2,000 for qualified heat pumps
When
The program will begin January 1, 2023
Qualifications are based on the highest CEE (Consortium of Energy Efficiency) tier (not advanced tier) at the start of each year
Why
The program is designed to incentivize high efficiency HVAC replacements and has been enhanced to drive toward electrification and carbon reduction goals.
$600.00 Credit Gas Furnace ≥ 97% (AFUE) | $600.00 Credit Air Conditioner ≥ 16.0 SEER2 |
$2,000.00 Credit Heat Pump (ducted or ductless) ≥ 16.0 SEER2 | $600.00 Credit Packaged Unit- AC ≥ 15.2 SEER2 ≥ 11.5 EER2 |
State Energy Rebates
Incentive Program
High efficiency Electric Home Rebate Program
Income Qualification
Less than 150% of local mean area income (Housing and Urban Development measures by county and metropolitan area)* *Cannot be used with HOMES Rebate
Eligible Equipment We service and install all of the following
Heat pump for space heating or cooling: $8,000
Heat pump water heater: $1,750
Electric stove, cooktop, range, or oven: $840 (don't provide service for)
Electric heat pump clothes dryer: $840
Electric load service center upgrades: $4,000
Insulation, air sealing, and ventilation: $1,600
Electric wiring: $2,500
Incentive Amount
For households with annual income less than 80% of the local mean area income: 100% of the installation cost up to the individual amounts to left or a total rebate of $14,000.
For households with annual income between 80% and 150% of the local mean area income: 50% of the installation cost up to the individual amounts to left or a total rebate of $14,000. (Note: 50% of the installation cost not 50% of the rebate max)