Air-Source Heat Pump: Claim a 30% Tax Credit<\/h2>To qualify for the HVAC system tax credit, install an air-source heat pump between January 1, 2023, and December 31, 2032. The system must meet the following criteria:\n\n- Split systems: SEER2 rating of 15.2 or higher<\/li>\n
- EER2 rating of 11.7 or higher<\/li>\n
- HSPF2 rating of 7.8 or higher<\/li>\n<\/ul>\nYou can claim 30% of the installation expenses, with a maximum credit of $2,000.<\/span><\/div><\/div><\/div><\/i><\/span>Schedule Service<\/span><\/div><\/div><\/a>
Central Air Conditioner: Enhanced Tax Credits Available<\/h2> \n\n\nFor units purchased and installed after 2022, here are the key requirements:<\/span><\/div>\n<\/div>\n<\/div>\n\n\n\n\n\n- Split systems:<\/strong> SEER2 rating of 16 or higher<\/li>\n
- EER2 rating:<\/strong> 12 or higher<\/li>\n<\/ul>\n
You can claim 30% of the project cost, up to $600.<\/p>\n
Furnace Tax Credits by Fuel Type:<\/strong><\/p>\n\n- Gas furnaces:<\/strong> Must have Energy Star certification and a 97%+ AFUE rating.<\/li>\n
- Oil furnaces:<\/strong> Require Energy Star certification and an approved fuel type.<\/li>\n<\/ul>\n
You can claim 30% of the project cost, with a cap of $600 for qualifying furnaces and equipment installed from 2023 to 2032.<\/p>\n
How to Claim Your HVAC Tax Credit:<\/strong><\/p>\n\n- Keep installation records and manufacturer certifications.<\/li>\n
- Complete IRS Form 5695 for eligible upgrades.<\/li>\n
- Use one form for multiple upgrades, adhering to the $3,200 annual limit.<\/li>\n
- Submit the form with your federal taxes or consult a tax professional.<\/li>\n<\/ul>\n
As a registered contractor for Austin Energy<\/strong>, McCullough Heating & Air Conditioning offers a FREE Austin Energy-sponsored energy audit<\/strong> to help make your home more energy-efficient, comfortable, and safe.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/span><\/div><\/div><\/div>
Central Air Conditioner: Enhanced Tax Credits Available<\/h2> \n\n\nFor units purchased and installed after 2022, here are the key requirements:<\/span><\/div>\n<\/div>\n<\/div>\n\n\n\n\n\n- Split systems:<\/strong> SEER2 rating of 16 or higher<\/li>\n
- EER2 rating:<\/strong> 12 or higher<\/li>\n<\/ul>\n
You can claim 30% of the project cost, up to $600.<\/p>\n
Furnace Tax Credits by Fuel Type:<\/strong><\/p>\n\n- Gas furnaces:<\/strong> Must have Energy Star certification and a 97%+ AFUE rating.<\/li>\n
- Oil furnaces:<\/strong> Require Energy Star certification and an approved fuel type.<\/li>\n<\/ul>\n
You can claim 30% of the project cost, with a cap of $600 for qualifying furnaces and equipment installed from 2023 to 2032.<\/p>\n
How to Claim Your HVAC Tax Credit:<\/strong><\/p>\n\n- Keep installation records and manufacturer certifications.<\/li>\n
- Complete IRS Form 5695 for eligible upgrades.<\/li>\n
- Use one form for multiple upgrades, adhering to the $3,200 annual limit.<\/li>\n
- Submit the form with your federal taxes or consult a tax professional.<\/li>\n<\/ul>\n
As a registered contractor for Austin Energy<\/strong>, McCullough Heating & Air Conditioning offers a FREE Austin Energy-sponsored energy audit<\/strong> to help make your home more energy-efficient, comfortable, and safe.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/span><\/div><\/div><\/div>
- \n
- Split systems:<\/strong> SEER2 rating of 16 or higher<\/li>\n
- EER2 rating:<\/strong> 12 or higher<\/li>\n<\/ul>\n
You can claim 30% of the project cost, up to $600.<\/p>\n
Furnace Tax Credits by Fuel Type:<\/strong><\/p>\n
- \n
- Gas furnaces:<\/strong> Must have Energy Star certification and a 97%+ AFUE rating.<\/li>\n
- Oil furnaces:<\/strong> Require Energy Star certification and an approved fuel type.<\/li>\n<\/ul>\n
You can claim 30% of the project cost, with a cap of $600 for qualifying furnaces and equipment installed from 2023 to 2032.<\/p>\n
How to Claim Your HVAC Tax Credit:<\/strong><\/p>\n
- \n
- Keep installation records and manufacturer certifications.<\/li>\n
- Complete IRS Form 5695 for eligible upgrades.<\/li>\n
- Use one form for multiple upgrades, adhering to the $3,200 annual limit.<\/li>\n
- Submit the form with your federal taxes or consult a tax professional.<\/li>\n<\/ul>\n
As a registered contractor for Austin Energy<\/strong>, McCullough Heating & Air Conditioning offers a FREE Austin Energy-sponsored energy audit<\/strong> to help make your home more energy-efficient, comfortable, and safe.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/span><\/div><\/div><\/div>
- Oil furnaces:<\/strong> Require Energy Star certification and an approved fuel type.<\/li>\n<\/ul>\n
- EER2 rating:<\/strong> 12 or higher<\/li>\n<\/ul>\n