Energy Tax Credits: Just the Ticket for an Ailing A/C

In some parts of the country, summer is ending. But down here in South Florida, we still have months of air conditioning ahead. For this heat, your A/C should be working at the top of its game. But if it’s not working properly, now may be the perfect time to replace your air conditioner. The federal government has renewed certain energy tax credits for purchases of new energy-efficient equipment through the end of 2013.

There are a couple ways you can tell when it’s time to shop for new equipment. If your setup is more than 10-15 years old, you could benefit from an updated high-efficiency A/C, both in terms of efficiency and comfort. Service is getting harder to find on older units, as well, so buying new makes maintenance easier.

Perhaps your equipment is only several years old, but has been having some problems. It may be making sounds that signal problems that either can be easily fixed or become very expensive. If your A/C needs repair with costs approaching half the price of a replacement, it makes sense financially to avoid throwing away good money trying to fix it

For the remainder of the year, you can get generous federal energy tax credits for the purchase of qualified energy-efficient HVAC equipment. If you’re replacing your split-system A/C or heat pump, for example, you can get a tax credit of 10 percent of the cost of a qualifying system, up to $300. For other energy-saving upgrades, from furnaces to windows, the tax credits vary by type and range from $50 to $300. The lifetime limit of any combination of these credits is $500. They also are retroactive to qualifying purchases made in 2012.

If you need further assistance about the energy tax credits or anything related to your HVAC needs, please contact us at NisAir Air Conditioning and Heating. We serve Martin, Palm Beach, St. Lucie and Indian River counties.