For most families, there usually seems to be a large list of home improvement projects that they want to get done or new ideas they’d like to give a shot. While several may not be necessary, furnace replacement is an example of a job that could be vital to keeping your home comfortable through the cooler months in New Castle.

Buying a new furnace is a sizeable investment. You’ll certainly recognize the return-on-investment on your indoor comfort as well as your energy bills, but it might be a bit intimidating at first. The good news is that when you buy a new energy-efficient furnace, you may be approved for a federal tax credit.

According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were prolonged through December 31, 2020. In order to receive the tax credit, you are required to select a furnace that has earned the ENERGY STAR label. Keep in mind it can’t be a furnace that is labeled ENERGY STAR for “U.S. South Only.” When shopping for furnace replacements, look for products with the ENERGY STAR rating so you can be certain you’re picking a high-efficiency furnace.

At Central Heating & Plumbing, we’ll help you identify a solution that matches your needs and helps you qualify for this tax credit. While ENERGY STAR products indicate high efficiency, it’s important to clarify that the furnace you select 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.

This tax credit will not be the only savings you’ll find when you buy a new high-efficiency furnace. Some of the most efficient furnaces can save you hundreds of dollars on your energy bills during the year. And your household will also have more confidence in your HVAC system to help your home stay at just the right temperature.

If you have questions regarding your eligibility for a tax credit, or if there are further local savings you could be eligible for by getting a new high-efficiency furnace, give our technicians at Central Heating & Plumbing a call at 724-401-1843. You could also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.