Monday, March 9, 2009

Federal Tax Credits - Note change

Last Friday's entry for tax credits is not correct. The 30% tax credit has a limit of $1500.00 which would be the tax credit the customer would receive for the example I presented. The $3000.00 figure I showed was wrong. The $500.00 tax rebate is correct. Sorry for the error. The incentive to invest is still there for long term savings. Paul

Friday, March 6, 2009

Federal Tax Credits and York's Rebate Program

If there was ever a time to invest in a new heating and cooling system, it is now. The Federal Government signed into law on February 14, 2009 a 30% tax credit on qualifying equipment purchased & installed by a licensed contractor during tax years 2009 & 2010. In addition, York has a cash rebate program from March 1, 2009 thru June 15, 2009 for qualifying equipment installed through June 30, 2009.
For example: With the purchase of a York 98% modulating furnace with a variable speed motor and a York 15 SEER air conditioner for $10,000.00,* your eligible tax credit would be $3,000.00 and in addition, York would send you a check for $500.00. This is what I mean by do it now! Fry already is involved with customer installations, some of which are complete. We encourge you to check out these programs on our website and contact us for further information. 419-472-1106 Monday through Friday 8am - 4pm Paul

*Arbitrary figure used for this presentation.