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Residential Energy tax Credits - Tulsa, OK

In December, Congress passed legislation that renewed the tax credits for 2020 and made them retroactive back to 2018. For qualified HVAC improvements, homeowners may be eligible to claim the federal tax credits equal to 10% of the installed costs; a maximum tax credit of $500.

If you purchased a system from Air Assurance in the past, or are thinking of purchasing another system from us in the recent future, you could be qualified for up to $500 in additional savings in the form of tax credits for 2018, 2019, and 2020! The tax credit is retroactive.

Of course, we’re not tax professionals, so be sure to consult your tax advisor before filing your taxes. We just don’t want you to leave any money on the table! 

Here is a website for you to see for yourself:  https://www.energystar.gov/about/federal_tax_credits/non_business_energy_property_tax_credits

For updated information from the IRS, you can visit their recently released information.

Instructions for Form 5695

Form 5695

 If you purchased a 95%+ AFUE Furnace, 16 SEER or above AC unit, 15 SEER or above Heat Pump, 14 SEER or above Package unit, or a tankless water heating system, or many other energy efficient home enhancements, you could qualify for an additional $500 off your taxes! 

For more information, please see the links above to information. For new air conditioning prospects - schedule a consultation today!