Occasionally, there is a long list of home renovations that homeowners want to complete or new ideas they would like to execute.
In the colder winter months, replacing a furnace is a major task that is critical to keeping your home comfortable, and a new furnace is an excellent investment.
Regarding both your indoor comfort and your energy costs, you will honestly see a huge return-on-investment, but it can be a little scary at first. The good news is, if you choose an energy-efficient furnace, you may qualify for a federal tax credit. However, to qualify for the tax credit, you must purchase a furnace that has an industry energy star label. If you’re replacing your furnace, make sure they have heat pumps with the energy star rating to ensure you’re getting a high-efficiency furnace. Though energy star products are highly efficient, in order to get the tax credit, you should confirm that your furnace has an Annual Fuel Utilization Efficiency higher than 95. The annual fuel utilization efficiency, or AFUE, is the percentage of heat produced per dollar spent on fuel. If you invest in a high-efficiency furnace, you will not only be eligible for the tax credit, but you will also save money on your energy costs. It is determined that most efficient HVAC systems can save you hundreds of dollars on your energy costs over the course of a year. This means your family will also have an increase in confidence in your Heating, Ventilation and Air Conditioning plan in order to keep your home at the ideal level of comfort.
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