B&B Air Conditioning & Heating Service Blog: Archive for the ‘Tax Credits & Rebates’ Category

Take Advantage of Federal Tax Credits for High Efficiency HVAC Systems

Wednesday, June 28th, 2023

We’ve got some great news for you if you’re considering upgrading your home comfort with energy-saving high efficiency systems. Thanks to the Inflation Reduction Act (IRA), you can receive up to $2,000 for a high-efficiency heat pump installation or up to $1,2000 for a high-efficiency air conditioner and high-efficiency gas-fired furnace. 

The tax credit (which went into effect at the start of the year) provides tax credits to homeowners equal to 30% of installation costs for the highest efficiency products.

In other words, There’s never been a better time to buy our highest efficiency systems!

High-efficiency heating and cooling systems offer homeowners with several benefits. These systems not only use less energy, helping you to save on your annual utility bills, but they come with special innovations that make them more effective than ever. Plus, there are longer component-specific warranties. Now that the Inflation Reduction Act is adding rebates into the overall package, going high-efficiency is the best deal around.

Also ask us about Empowered Maryland Midstream utility rebates up to $1,275. Deduct for the installation of a high-efficiency rebate or $575 for the installation of a high-efficiency air conditioning system.

Rely on B&B Air Conditioning & Heating Service: We are always there when you need us!

Continue Reading