For most homeowners, there usually seems to be a large list of home improvement projects that they would like to do or new ideas they’d like to give a shot. While several may not be necessary, furnace replacement is one job that could be critical to keeping your home comfortable during the cooler months in Corpus Christi.

Purchasing a new furnace is a large investment. You’ll certainly see the return-on-investment on your indoor comfort in addition to your energy bills, but it could be a little daunting at first. The good news is that when you purchase a new energy-efficient furnace, you might be eligible for a federal tax credit.

According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were extended through December 31, 2020. In order to get the tax credit, you have to purchase a furnace that has earned the ENERGY STAR label. It cannot be a furnace that is labeled ENERGY STAR for “U.S. South Only.” When researching furnace replacements, look for solutions with the ENERGY STAR rating so you can be sure you’re choosing a high-efficiency furnace.

At Total Assurance AC & Heating, our team can help you find a product that meets your needs and makes sure you qualify for this tax credit. While ENERGY STAR products designate high efficiency, it’s important to confirm the furnace you pick has an Annual Fuel Utilization Efficiency (AFUE) greater than 95, in order to qualify for the tax credit. AFUE represents the percent of heat produced for every dollar of fuel consumed.

This tax credit will not be the only savings you’ll receive when you get a new high-efficiency furnace. Some of the most efficient models can save you hundreds of dollars on your utility costs during the year. And your household will also have higher confidence in your HVAC system to maintain your indoor space at just the right comfort level.

If you think of questions concerning your eligibility for a tax credit, or if there are other local savings you may be eligible for by buying a new high-efficiency furnace, give our technicians at Total Assurance AC & Heating a call at 361-217-7080. You may also visit ENERGY STAR or contact your local utility company if you have questions about other eligible home products.