Whether it's money from Uncle Sam or your local utility company there is still plenty of money to be had for improving the indoor air quality of your home with high efficiency equipment like a gas furnace or air conditioner. Click the state links below for more information.
Iowa Illinois Wisconsin
As always you can also schedule an indoor air quality evaluation with Robb Beltran at 563-556-0666
Wednesday, January 12, 2011
Thursday, January 6, 2011
2011 Tax Credit for High Efficiency Equipment for Residential Property
2011 Tax Credit for High Efficiency Equipment for Residential Property
The good news is that the tax credit for installing high efficiency equipment in residential property has been extended another year. The bad news is that the program has been dramatically reduced from $1,500 bucks to a mere $500. Uncle Sam is still willing to help homeowners hoping to improve their indoor air quality, but it's going to be a little harder. The new 2011 tax credits now have maximum amounts that can be claimed for the various components of the HVAC systems, such as a $150 maximum credit for a 95% gas furnace and $300 for an air conditioner or heat pump.
Here's a quick guide to help you get up to speed with the new program:
The general provision is that you can receive a credit of up to 10% of the installed cost or up to $500.00.
Air Conditioners: you can expect a credit of 10% of the installed cost, $300 maximum on split systems: 16 SEER and 13 EER and package systems of 14 SEER and 12 EER
Furnaces and Boilers: under the new 2011 Tax Credit you can expect a credit of 10% of the installed cost, $150 maximum on Gas Furnaces, 95 AFUE, Oil Furnaces, 95 AFUE and Boilers, 95 AFUE
Heat Pumps: you can expect a credit of 10% of the installed cost, $300 maximum on split systems: 15 SEER, 12.5 EER, 8.5 HSPF and package systems of 14 SEER, 12 EER and 8 HSPF
The new 2011 program also offers a credit of $50 bucks for high efficiency blower motors.
As with the previous tax credits for high efficiency equipment in residential property, it is recommended that all homeowners consult with a certified tax advisor to ensure they qualify for any tax credits. Although the tax credits are not as great as they were in 2010 a lot of the manufacturers like American Standard are increasing their rebates to continue passing on the savings. For more information you should contact your local American Standard dealer.
Robb Beltran is currently marketing and sales manager for ServiceOne in Dubuque, Iowa. Robb helps businesses and homeowners save money on their utility bills by improving their indoor air quality.
Learn How To Save More Money on Your Utility Bill
The good news is that the tax credit for installing high efficiency equipment in residential property has been extended another year. The bad news is that the program has been dramatically reduced from $1,500 bucks to a mere $500. Uncle Sam is still willing to help homeowners hoping to improve their indoor air quality, but it's going to be a little harder. The new 2011 tax credits now have maximum amounts that can be claimed for the various components of the HVAC systems, such as a $150 maximum credit for a 95% gas furnace and $300 for an air conditioner or heat pump.
Here's a quick guide to help you get up to speed with the new program:
The general provision is that you can receive a credit of up to 10% of the installed cost or up to $500.00.
Air Conditioners: you can expect a credit of 10% of the installed cost, $300 maximum on split systems: 16 SEER and 13 EER and package systems of 14 SEER and 12 EER
Furnaces and Boilers: under the new 2011 Tax Credit you can expect a credit of 10% of the installed cost, $150 maximum on Gas Furnaces, 95 AFUE, Oil Furnaces, 95 AFUE and Boilers, 95 AFUE
Heat Pumps: you can expect a credit of 10% of the installed cost, $300 maximum on split systems: 15 SEER, 12.5 EER, 8.5 HSPF and package systems of 14 SEER, 12 EER and 8 HSPF
The new 2011 program also offers a credit of $50 bucks for high efficiency blower motors.
As with the previous tax credits for high efficiency equipment in residential property, it is recommended that all homeowners consult with a certified tax advisor to ensure they qualify for any tax credits. Although the tax credits are not as great as they were in 2010 a lot of the manufacturers like American Standard are increasing their rebates to continue passing on the savings. For more information you should contact your local American Standard dealer.
Robb Beltran is currently marketing and sales manager for ServiceOne in Dubuque, Iowa. Robb helps businesses and homeowners save money on their utility bills by improving their indoor air quality.
Learn How To Save More Money on Your Utility Bill
Wednesday, January 5, 2011
How to Save More Money on Your Heating Bills
As you know the giant 2010 tax rebates of $1500 for your new furnaces and air conditioners are now gone, but ServiceOne is here to help. Along with American Standard, ServiceOne and 2011's $500 tax rebate from Uncle Sam you could still be eligible for up to $1,500 in savings. We'll have more on the new program soon.
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