Putting Cash Back In Your Pocket
A new HVAC unit is a major investment in your home. In fact, it’s one of the biggest purchases you’ll make. But, there are ways to reduce the cost that you’ll definitely want to take advantage of when you’re ready to make this important purchase.
Federal Tax Credits
The U.S. government encourages homeowners to switch to HVAC systems that are more energy efficient by offering energy tax credits. This is a dollar-for-dollar reduction in your tax liability. The credit extends to 10% of the cost of a new unit up to $300. So, if you’ve spent $3,000 on a new HVAC unit, you’ll get a $300 tax credit.
To receive the credit, you’ll have to file Form 5695 with the IRS.
Utility companies, like the government want you to save on the purchase of a new HVAC system. APS offers up to $270 in rebates when you work with a participating contractor to replace your old system. SRP offers up to $400 back on a new, energy-efficient AC or heat pump.
Many of the leading HVAC brands also offer rebates to sweeten the pot even more! You will want to work with a service provider that is an authorized distributor to be able to take advantage of these savings.
At Cool Blew, we work directly with homeowners to maximize their savings on new HVAC systems. This includes providing the latest information on federal tax credits, as well as utility and manufacturer rebates.
We also offer affordable financing with 0% interest for up to 12 months through GE Capital and Wells Fargo. With low monthly payments and no annual fees or pre-payment penalties, this is a great way to finance a new HVAC system and to take advantage of tax credits and rebates.
We encourage you to call us today to learn more about these savings.