Residential Tax Credit

Half Price Sale Until May 15, 2009 There is a larger tax credit in effect for tax years 2009 and 2010 for qualified improvements, which is 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. Homeowners may be able to claim tax credits equal to 30% of the installed costs, up to $1500 for all improvements made during the two year term, not $1500 each year. The new tax credits are retroactive to January 1, 2009, and expire on December 31, 2010. The Per-Appliance Caps and Lifetime Limit Removed. Homeowners that previously claimed tax credits in 2006 or 2007 are eligible for the full $1500 limit. If you have questions or would like to more information, Click Here to Send an Email or Call 804.358.9333 and ask to speak with Billy Amacker.

If you would like help with purchasing qualifying equipment, Click Here to Send an Email or Call 804.358.9333 and ask to speak with Billy Amacker.

Qualifying Equipment for Tax Credits
Equipment Type		Minimum Energy Efficiency Standard to Qualify
Electric Air Source Heat Pumps (see image below)	Split HP 15 SEER 12.5 EER 8.5 HSPF		Package HP 14 SEER 12 EER
Central Air Conditioners (see image below)	Split System 16 SEER 13 EER		Package System 14 SEER 12 EER
Geothermal Heat Pump (30% eligible for credit)	Closed Loop 14.1 EER 3.3 COP	Open Loop 16.2 EER 3.6 COP	Direct Expansion 15 EER 3.5 COP
Natural Gas Furnace	95% AFUE

If you have questions or would like to more information, Click Here to Send an Email or Call 804.358.9333 and ask to speak with Shirley Jackson.

Heat Pumps/Central Air Units Natural Gas Furnace

If you would like help with purchasing qualifying equipment, Click Here to Send an Email or Call 804.358.9333 and ask to speak with Shirley Jackson.



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