For many families, there usually seems to be a large list of home improvement tasks that they need to get done or new ideas they’d like to try. While some may not be necessities, furnace replacement is an example of a job that could be key to keeping your home comfortable throughout the cooler months in Port Orchard.

Selecting a new furnace is a big investment. You’ll absolutely realize the return-on-investment on your indoor comfort along with your utility costs, but it might be a little daunting at first. The good news is that when you select a new energy-efficient furnace, you might be approved 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 get the tax credit, you are required to purchase 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 shopping for furnace replacements, keep an eye out for products with the ENERGY STAR rating so you can be confident you’re selecting a high-efficiency furnace.

At Air Masters Heating & Cooling, we’ll help you identify a solution that matches your needs and helps you qualify for this tax credit. While ENERGY STAR products signify high efficiency, it’s important to clarify that the furnace you pick has an Annual Fuel Utilization Efficiency (AFUE) greater than 95, in order to qualify for the tax credit. AFUE means the percent of heat produced for every dollar of fuel consumed.

Qualifying for the tax credit is not going to be the only savings you’ll observe when you buy a new high-efficiency furnace. A lot of the most efficient solutions can save you hundreds of dollars on your energy costs all year long. And you’ll also have higher confidence in your HVAC system to maintain your indoor space at just the right temperature.

If you think of questions about your eligibility for a tax credit, or if there are additional local savings you might be eligible for by purchasing a new high-efficiency furnace, give our technicians at Air Masters Heating & Cooling a call at 360-205-7115. You may also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.