the new HVAC units that qualify for this tax credit are the greenest most efficient units available today.
Richmond, VA (PRWEB) March 31, 2009
Homeowners making energy efficient improvements can qualify for up to $1500 in tax credits. It's part of the 2009 national stimulus package from the Obama administration. The new law makes important changes to existing tax incentives for homeowners who replace their current equipment with qualified higher efficiency heating and cooling systems and water heating equipment to their primary residence. Click here if you would like help with purchasing qualifying equipment.
James River Air president Hugh Joyce points out, "the new HVAC units that qualify for this tax credit are the greenest most efficient units available today." Click here to find out more information at JamesRiverAir.com. In addition to the tax credit, homeowners will also enjoy the added advantage of reduced fuel costs. Many homeowners will reduce their energy usage up to 30% with the new equipment.
The new tax credits are retroactive to January 2009 and expire December 31, 2010.
The $1500 in tax credits may be used to install a single appliance or multiple installations up to 30% of the installation costs. Any single installation that costs more than $5000 will instantly reach the $1500 limit.
Joyce says, "The smartest investment right now is your house. When you upgrade your old heating and cooling system to today's high efficiency equipment…you'll not only lower your utility bills and safeguard the comfort of your family…you'll also help the environment. The $1500 tax credit is the icing on the cake and makes the investment even smarter."
Homeowners may choose to use this tax credit for qualified improvements on: heating and cooling equipment, windows and doors (skylights, storm windows and doors), or roofing (including metal and asphalt roofs and installation). All of these improvements qualify but homeowners can only claim a total of $1500 for all improvements.
You can get additional information at jamesriverair.com or on energystar.gov.