25c Federal Tax Credits Comeback Player Of The Year For 2013

The return of the 25c Federal Tax Credit is great news for you and your customers, promising to help you boost sales for 2013 with substantial tax credits on high efficiency home heating and cooling systems. And since the tax credit is retroactive to January 1, 2012, you can build your long term relationships with existing customers, offering them the opportunity to take advantage of the reinstated tax rebates. 

Qualifying Efficiency Levels and their corresponding maximum Tax ‘Credit values are as follows:

  • Central A/C (Split-System): 16 SEER & 13 EER or higher $300 
  • Central A/C (Package System): 14 SEER & 12 EER or higher $300 
  • Heat Pump (Split-System): 15 SEER/12.5 EER/ 8.5 HSPF or higher $300
  • Heat Pump (Package System): 14 SEER/12 EER/ 8.0 HSPF or higher $300 
  • Boilers (Natural Gas/ Oil/ Propane): 95% AFUE $150 
  • Furnaces (Natural Gas/ Oil/ Propane): 95% AFUE $150 
  • Advanced Main Circulating Fan: If the fan uses less than 2% of the furnaces (Natural Gas/ Oil/ Propane) total energy $50

The Fiscal Cliff legislation

The Fiscal Cliff legislation released a tax credit for the installation of high efficiency residential air conditioning and heating equipment.

The reinstatement of what was known as the 2SC tax credit provides for up to $500 in homeowner tax credit. As a bonus, the provision was made retroactive to include all qualifying installations starting January 1, 2012 as well as moving forward into 2013. Qualifying installations must meet these minimum standards.

Furnaces ($150 Tax Credit)

  • Natural gas, propane, or oil furnace with an AFUE of not less than 95%

Boilers ($150 Tax Credit)

  • Natural gas, propane, or oil boiler with an AFUE of not less than 95%

Air Conditioners and Heat Pumps ($300 Tax Credit)

  • Split system central air conditioner that achieves the highest efficiency CEE tier as of January 1, 2009 (16 SEER; 13 EER)
  • ackaged central air conditioner that achieves the highest efficiency CEE tier as of January 1, 2009 (14 SEER; 12 EER)
  • Split system electric heat pump that achieves the highest efficiency CEE tier as of January 1, 2009 (8.5 HSPF; 12.5 EER; 15 SEER)
  • Packaged electric heat pump that achieves the highest efficiency CEE tier as of January 1, 2009 (8.0 HSPF; 12.0 EER; 14 SEER)

Advanced Main Air Circulating Fan ($50 Tax Credit)

  • A fan used in a natural gas, propane, or oil furnace with an annual electricity use of no more than 2 percent of the total energy use of the furnace.

Basic Understanding of HVAC Systems

Basic understanding of HVAC systems for non-technical people who would like to know more about how central heating and cooling systems work. Ideal for HVAC business employees such as dispatchers, salespeople, customer service, and other office staff.

Consumer Resources

You probably don’t think about your indoor comfort system until it stops working and you become either too cold or too hot. It’s human nature to put something in the back of your mind as long as it doesn’t cause a problem and stays in the background.

And you might think of your heating and cooling system as just a “box” that can be turned on or off in order to control your temperature. But your system is a lot more than that. It doesn’t just control temperature. It has an impact on the air that you breathe, on moisture and mold growth, the amount of energy that you use and money that you spend, and most importantly, on you and your family’s health.

ACCA Article: Read More

2011 HVAC Tax Credits

What if you could make home improvements that increase your comfort, lower your energy costs, add value to your home, and do something good for the environment? And what if you could get some money back from Uncle Sam at the same time?

Acton Refrigeration has professional contractor who belongs to the Air Conditioning Contractors of America (ACCA) and can show you how.

Updated Tax Incentives for Homeowners
Part of the tax extender bill passed by Congress in December 2010 made significant changes to tax incentives for federal taxpayers who install qualified energy efficient retrofits in their home, including higher efficiency heating, ventilation, and air conditioning (HVAC) equipment in their primary residences. An eligible taxpayer may claim up to $500 in tax credits, subject to caps based on the type of equipment installed.

(more…)