For most homeowners, there always seems to be a lengthy list of home improvement to-do’s that they would like to get done or new ideas they’d like to give a shot. While some may not be necessities, furnace replacement is one project that may be vital to keeping your home comfortable throughout the colder months in Croydon.

Purchasing a new furnace is a large investment. You’ll certainly feel the return-on-investment on your indoor comfort in addition to your energy costs, but it may be a bit intimidating at first. The good news is that when you shop for a new energy-efficient furnace, you may be qualified for a federal tax credit.

According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were pushed through December 31, 2020. In order to get the tax credit, you must buy a furnace that has earned the ENERGY STAR label. However, it can’t be a furnace that is labeled ENERGY STAR for “U.S. South Only.” When shopping for furnace replacements, keep an eye out for solutions with the ENERGY STAR rating so you can be sure you’re choosing a high-efficiency furnace.

At Indoor Comfort Systems HVAC, the experts will help you select a solution that matches your needs and makes sure you qualify for this tax credit. While ENERGY STAR products indicate high efficiency, it’s important to check the furnace you choose has an Annual Fuel Utilization Efficiency (AFUE) greater than 95, in order to qualify for the tax credit. AFUE means the percent of heat produced for every dollar of fuel consumed.

Qualifying for the tax credit will not be the only savings you’ll observe when you buy a new high-efficiency furnace. Some of the most efficient solutions can save you hundreds of dollars on your energy bills during the year. And your family will also have higher confidence in your HVAC system to maintain your indoor space at just the right comfort level.

If you come across questions concerning your eligibility for a tax credit, or if there are further local savings you could be eligible for by buying a new high-efficiency furnace, give our professionals at Indoor Comfort Systems HVAC a call at 215-741-5505. You may also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.