A new, high-efficiency HVAC system is one of the best ways to save energy and lower your carbon footprint. Unfortunately, a new system can also be expensive. That's why the federal government offers a number of tax rebates and other incentives when you purchase and install a new system. It encourages energy savings and helps fight climate change. Here are some of the HVAC rebates currently on offer.
Advanced, main air circulating fan. This amounts to a more-efficient blower motor for your furnace. If you purchase a new furnace before the end of this year with a circulating fan that uses 2% or less of the furnace's total energy, you can claim a $50 rebate.
Air-source heat pump. In climates like Oklahoma's, a heat pump is an incredibly efficient heating and cooling option. If you get a split-system heat pump with a SEER rating greater than 15 or a packaged system with a SEER rating greater than 14 and purchase and install it by the end of this year, you can claim a $300 tax rebate. That's one of the best HVAC rebates we've ever heard of.
Natural gas, propane, or oil furnace. The average AFUE rating for home furnaces is 80-85. However, if you buy a high-efficiency model, with an AFUE above 95, you can get up to a $200 tax rebate. That includes $150 for the furnace itself, plus the $50 fan rebate we mentioned earlier. This is also one of the better HVAC rebates we know of.
Gas, propane, or oil hot-water boiler. This rebate for efficient boilers is the same as for efficient furnaces. Buy one with an AFUE over 95 before Dec. 31 and get a $150 tax rebate.
Geothermal heat pump. This underground system uses renewable energy, which makes it very appealing for reducing your carbon footprint. If you purchase and install a geothermal system before Dec. 31, 2022, you can claim a 26% tax rebate. If you wait until 2023 to buy it, the rebate goes down to 22%.
To explore more home-comfort options that qualify for HVAC rebates, contact us at Air Assurance. We make sure Broken Arrow's heating and cooling systems are efficient and high-quality.