Replacing an old air conditioner or heating system with a new, more efficient one will make your home a more efficient place and reduce your heating and cooling bills. The cost of a new system, however, can be a deterrent. The 2012 HVAC tax credits could benefit you by making a new heater or air conditioner installation by a professional air conditioning repair and installation company more affordable.
Currently, Texas is not offering any state HVAC tax credits, but there are two federal tax credits available to homeowners who choose to have a new system installed by a professional air conditioning repair and installation company this year.
The first tax credit is available to homeowners who install geothermal heat pumps, small wind turbines, or solar energy systems. You will receive 30% of the cost of the system back in the form of a federal tax credit after installation is completed by a professional air conditioning repair and installation company, in Collin County, TX and the surrounding areas.
The other 2012 tax credit benefits those who wish to install Fuel cells in their homes. Similar to the other credit, homeowners will receive 30% of the cost back in a tax credit following installation. The amount of this credit, however, is based on the power capacity of the chosen unit. Homeowners will receive up to $500 per .5kW of power capacity.
When you choose to have a new air conditioner or heating system installed in your home by Bill Joplin’s Air Conditioning & Heating, an air conditioning repair and installation company serving Collin County, TX and the surrounding areas, you will enjoy superior home comfort, and more affordable energy bills. Taking advantage of any available state or federal tax credits is a great way to save.
Tax credit programs often change as new incentives become available and old ones expire. If you are ready to upgrade the air conditioner or heating system in your home, Bill Joplin’s Air Conditioning & Heating can help you learn what tax incentives are currently available to you.