tax credit on ac unit

Did you know that you could receive a tax credit for installing a new energy efficient system in your Oklahoma home? If you installed a new HVAC system after January 1, 2011, you could get money back after documenting it on your taxes. That’s right—systems that are energy efficient and meet a set of requirements set by the IRS are eligible to receive a tax credit. For specific information on this tax credit, contact the experts at Hill & Company. We can help you figure out if your newly installed HVAC unit is eligible. Note that not all ENERGY STAR® products will quality for the tax credit. Contact your installation contractor to get specific information about your product and to determine if it meets the requirements. If you have installed a new AC unit after January 1, 2011, you could receive tax credit. The best way to find out if your new unit is tax eligible is to ask your HVAC contractor. However, air conditioners that are ENERGY STAR® qualified and meet the following requirements may receive this credit:

Tax credit can be up to $300 and must filed before December 31, 2016. If you installed a new heating unit after January 1, 2011, you could receive a tax credit. Heating systems that are ENERGY STAR® qualified and meet the following requirements may receive this credit: Tax credits for an energy efficient furnace can be up to $150 and $50 for an advanced main air circulating fan. If you are in the Tulsa or Oklahoma City area and are looking to learn more about this tax credit, contact Hill & Company. Our local HVAC company can walk you through the steps to getting your tax refund back for your energy efficient HVAC system. If you are thinking about installing a new energy efficient air conditioner or heating unit this year, why not get money back for your purchase? Call Hill & Company to decide which HVAC unit would be best for your needs and budget and which one meets the federal tax credit requirement. We install industry leading Trane® products—so you can ensure you are getting the top of the line products with top of the line installation service.

Call us today to learn more and to get a quote!There are many incentives out there for energy efficiency and renewable energy. The two main types are rebates and tax credits. A rebate is money you get back while a tax credit is a reduction in the taxes you will owe. To find out what incentives are available in your area, contact your state energy office, your local utility and your local building department.
small air conditioning and heating unitProduct manufacturers periodically offer discount and rebate programs so search their sites also.
what to look for in a portable ac unit Ten years ago, shopping for home upgrades involved looking at a product’s functionality and aesthetics.
cost to replace an ac unitNow, there's a third consideration: energy efficiency.

Today, the products most touted by manufacturers and retailers are those that are Energy Star-certified and those that meet new federal environmental standards. Most of these appliances and other products come with higher price tags than their counterparts but help lower heating and cooling bills. In addition, the government is offering a federal tax credit of up to $1,500 on energy-efficient home upgrades. Many of the tax breaks -- including those on eligible insulation, roofs and windows and doors -- are set to expire at the end of this year. But others run through Dec. 31, 2016. Below are links to websites that offer information on incentives: Database of State Incentives DOE Energy Savers Rebates, Incentives, Financing Energy Star Rebates (by zip code) Energy Star Tax Credits EPA Energy Efficiency & Solar Incentives Durability & Disaster Mitigation Incentives Florida DEP Renewable Energy Incentives Florida DEP Solar Energy Incentives

Florida Power & Light Incentives Small Business Administration Loans for Energy Related Businesses Solar Energy Loan Fund (SELF) Tax Incentives Assistance Projects (TIAP) Updates Insurance Premium Incentives (for Homeowners) Citizens Insurance Windstorm Mitigation Premium Discounts Florida Windstorm Insurance Incentives Sunshine State Insurance Incentives The following municipalities and utilities have incentives: Expedited plans review at no charge 15% reduction of water/sewer impact fees if residential structures are Water Star compliant Green Building Ordinance - FGBC or LEED Certification for public buildings Fast-Track Permitting & Land Development Review Carries a priority permitting program Has an expedited review incentive Offers reduced building permit fees/plan review fees as incentives InvestSmart Business Energy Upgrades Energy-Efficient Mortgages & Car Loans - Ask for "Green Advantage"

Green Home Certification Incentive Kissimmee Electric Authority Rebates * Duct Leak Repair - $75 * HVAC (Central) Maintenance - $75 * Insulation - Up to $100 * LED Exit Signs (Businesses) - $ Up to $50 * CFLs - $ Up to $15 View the list of rebate guidelines Green Building Ordinance - Requires FGBC Certification for new public buildings Reduced building permit fee Expedited permits for green buildings Pompano is revising its Chapter 152 Buildings and Chapter 155 Zoning ordinances to include sustainable points for projects seeking/obtaining green certification Energy Star Appliance Rebates Energy Star Air Conditioning/Heat Pump Rebates Natural Gas Appliance Rebates Solar Water Heater Rebates Solar Net Metering Program $500 discount on closing costs for any new certified green home Tampa Electric Energy Incentives ENERGY STAR Qualified Refrigerator Rebate Program - Receive $50 back Refrigerator & Freezer Recycling Program - Receive $50 back