Federal Tax Credits in Pittsburgh, PA
Are you thinking about upgrading your aging heating and cooling system with an energy-efficient model? Now is a great time to act. Thanks to the Inflation Reduction Act of 2022, you may be able to qualify for federal tax credit benefits when you choose to upgrade to a qualifying energy-efficient HVAC system for your home.
The Inflation Reduction Act offers a tax credit to homeowners equal to 30% of installation costs for the highest efficiency tier products, up to a maximum of $600 for qualified air conditioners and furnaces, and a maximum of $2,000 for qualified heat pumps.
To find out more about qualifying systems, contact our team at Boehmer Heating & Cooling. We can help you find the right upgrades so you can benefit from the Inflation Reduction Act.
Contact the Boehmer Heating & Cooling team today. Over 90 years of putting you first!
30% Geothermal Tax Credits Extended Through 2032
Any geothermal equipment that uses the stored solar energy from the ground for heating and cooling and that meets ENERGY STAR requirements at the time of installation is eligible for a 30% tax credit. The geothermal tax credit has no limit and there’s no limitation on the number of times the credit can be claimed.
The tax credit will drop to 26% in 2033 and to 22% in 2034 before expiring altogether, so act now for the most savings!
