For many households, there usually seems to be a large list of home improvement tasks that they need to do or new ideas they’d like to try. While some may not be necessities, furnace replacement is an example of a project that may be key to keeping your home comfortable during the winter months in Narvon.

Getting a new furnace is a large investment. You’ll definitely realize the return-on-investment on your indoor comfort as well as your utility costs, but it might be a little intimidating at first. The good news is that when you shop for a new energy-efficient furnace, you might be qualified for a federal tax credit.

According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were pushed through December 31, 2020. In order to obtain the tax credit, you have to select a furnace that has earned the ENERGY STAR label. It cannot be a furnace that is labeled ENERGY STAR for “U.S. South Only.” When looking for furnace replacements, watch for heat pumps with the ENERGY STAR rating so you can be confident you’re picking a high-efficiency furnace.

At Ameri-Tec, we’ll help you identify an option that fits your needs and helps you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you will want to check the furnace you select has an Annual Fuel Utilization Efficiency (AFUE) greater than 95, in order to qualify for the tax credit. AFUE represents the percent of heat produced for every dollar of fuel consumed.

This tax credit won’t be the only savings you’ll observe when you buy a new high-efficiency furnace. Many of the most efficient furnaces can save you hundreds of dollars on your utility costs during the year. And your family will also have higher confidence in your HVAC system to help your home stay at just the right comfort level.

If you think of questions about your eligibility for a tax credit, or if there are other local savings you may be eligible for by getting a new high-efficiency furnace, give our technicians at Ameri-Tec a call at 717-479-4950. You can also visit ENERGY STAR or contact your local utility company if you have questions about other eligible home products.