Federal Tax Credits for Consumer Energy Efficiency

There are several Federal Tax Credits available to homeowners who wish to upgrade their existing homes and principal residence. My Plumber technicians can assist you in choosing the product that best suits your needs. The following information was taken from the Energy Star website.

What is included in the 2012 and 2013 Federal Tax Credit?

Tax Credit: 10% of cost up to $500 or a specific amount from $50-$300

Expires: December 31, 2013

Details: Must be an existing home and your principal residence. New construction and rentals do not apply.

Heating, Ventilating, Air Conditioning

HEAT PUMPS

Heat Pumps are energy-efficient alternatives to furnaces and air conditioners in moderate climates. They use electricity to move heat from a cool space into a warm space; making the cool space cooler and the warm space warmer.

Tax Credit Amount: $300

Requirements: HSPF ≥ 8.5, EER ≥ 12.5, SEER ≥ 15

Package systems: HSPF ≥ 8, EER ≥ 12, SEER ≥ 14

CENTRAL AIR CONDITIONING

Tax Credit Amount: $300

Requirements:

Split Systems: SEER ≥ 16, EER ≥ 13

Package systems: SEER ≥ 14, EER ≥ 12

NATURAL GAS, OIL, PROPANE FURNACES

Furnaces use the combustion of fuel and air to make heat.

Tax Credit Amount: $150

Requirements: AFUE ≥ 95

WATER HEATERS

GAS, OIL, PROPANE WATER HEATER

Water heating can account for 14-25% of the energy consumed in your home.

Tax Credit Amount: $300

Requirements: Energy Factor ≥ 0.82 OR a thermal efficiency of at least 90%.

ELECTRIC HEAT PUMP WATER HEATER

Water heating can account for 14-25% of the energy consumed in your home.

Tax Credit Amount: $300

Requirements: Energy Factor ≥ 2.0

CLICK HERE To Apply for a Federal Tax Credit

My Plumber is not responsible for any incorrect information on this page. Check the Energy Star website, as information is subject to change. You should also consult your tax advisor as tax laws are differ.