Receive up to a $1,500 tax credit if you buy a new, energy-efficient air conditioner and furnace. |
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| The
stimulus plan helps homeowners replace
worn heating
and air conditioning equipment while
lowering utility bills and promoting
green energy. The plan has set aside
$300 million for rebates that could
be used for home improvement projects.
Under the stimulus plan, homeowners can receive up to a $1,500 tax credit if they buy a new, energy-efficient air conditioner and furnace. You are looking at 10-30 percent off the cost for a new system, so it makes since to make the change now, Homeowners should start seeing the savings on their electric bills. You’re probably going to save 30 to 60 percent on actual cooling portion of bill, combined with improved indoor air quality and comfort (savings depend on many factors and can greatly vary).. For more information about the tax credits you can go to www.energystar.gov/taxcredits.
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