Receive a tax credit on your new furnace

At times, there is a long list of new home improvement projects that people want to complete or new ideas they would love to try. However, in the Winter months, furnace replacement is a job that is important in keeping your new home comfortable. A new furnace is always a great investment. In terms of indoor and outdoor comfort and your power bills, you will absolutely see a worthwhile return-on-investment, but initially, it can be a little frightening. The good news is if you choose an energy-efficient furnace, you may be eligible for a federal tax credit. But to qualify for the tax credit, you must purchase a high-efficiency furnace that has acquired the energy star label. If you’re getting a new furnace, look for one that has a heat pump with the energy star rating to guarantee that you’re getting a high-efficiency furnace. Though energy star products are considered highly efficient, in order to qualify for the tax credit, you should verify 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 the fuel. If you purchase one of these highly efficient furnaces, not only will you qualify for the tax credit, but you will also be able to save some money on your power bills as well. It is mentioned that the most efficient heating systems can save you a few hundred dollars on your energy bills over the course of a year. Your family will also have greater confidence in your heating and cooling in order to keep your new home at the most ideal level of comfort.

Cooling industry