Monday, September 21, 2009
Federal Tax Credits
The Federal Tax Credits have not made a big dent in Homeowner's decisions to upgrade their equipment here. It amazes me. Homeowners can get a credit of 30%, up to $1500, on the total cost of upgrading their heating and/or air conditioning system to high efficiency. Not only that, York (our premier line of equipment) also has some consumer cash rebates on their premium equipment. York far exceeds the requirements for the program. Especially with their 98% efficiency gas furnace, the highest in the industry. Even boilers are offered the Tax Credit program and there are a lot of low (50-60%) efficiency older units out there that people are not upgrading. Unbelievable.
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