Tax Credits and Rebates for HVAC Upgrades: What Homeowners Need to Know

Rob Moran
November 19, 2024

Understanding available tax credits and rebates for HVAC upgrades can significantly reduce your out-of-pocket costs while improving your home's energy efficiency. With various federal, state, and local incentives available, navigating these opportunities requires careful planning and knowledge of current programs.

The federal government offers tax credits for qualifying high-efficiency HVAC systems through the Energy Star program. Current incentives can cover up to 30% of installation costs for eligible systems, with maximum credits varying by equipment type. These credits apply to heat pumps, central air conditioning systems, and advanced air handling equipment that meets specific efficiency requirements.

Local utility companies often provide additional rebates for energy-efficient upgrades. These programs may include instant rebates, bill credits, or cash back offers for qualifying installations. RM Mechanical stays current with available incentives and can help you maximize your savings by choosing equipment that qualifies for multiple programs.

Beyond equipment-specific incentives, whole-house energy improvements can qualify for additional rebates. Programs like Home Performance with Energy Star offer incentives for comprehensive energy upgrades, including HVAC improvements combined with insulation and air sealing work.

Contact RM Mechanical for a comprehensive review of available incentives in your area. Our experts can help you navigate the application process and ensure your new system qualifies for maximum benefits while meeting your home's comfort needs.