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home> tax credit requirements

 

Energy-Efficiency Tax Credit

Tax break for select Lennox equipment.

In February 2009, President Obama rolled out a stimulus package entitled the American Recovery and Reinvestment Act of 2009 that expands tax credits for energy-efficient appliances and home improvements. As a four-time winner of the ENERGY STAR® Manufacturing Partner of the Year award—and the first and only winner in the heating and cooling industry—Lennox offers a complete selection of high-efficiency home comfort systems that are eligible for tax credits under the new plan.

High-Efficiency Home Comfort System

Qualifying Heating and Cooling Products from Lennox

Tax credits are available at up to 30% of the cost, up to $1,500 (total for 2009&2010),* for:

  • Furnaces such as the Lennox® G71MPP and G61V with energy ratings of at least 95% AFUE.
  • Split air conditioners such as the XC21 with energy ratings of 16.00 SEER or higher and an EER rating of 13 or higher.

Units must be installed between January 1, 2009 and December 31, 2010 to be eligible for tax credits.

YOU CAN ONLY RECEIVE ONE $1500 TAX CREDIT FOR 2009 AND 2010.

Please note that not all ENERGY STAR products will qualify for a tax credit. For full details on tax credits available for home heating and cooling systems, visit energystar.gov.

For help in selecting the system that’s best suited to your needs and home, contact us for a free in home consultation

* Please consult your tax expert on any tax credit to which you may be entitled.

source: www.lennox.com

 

 

Residential Geothermal Tax Incentives

30% of total GHP system cost
No limit to credit amount for 2009 to 2016

Can be used to offset AMT tax
Can be combined with solar and wind tax credits
Can be used in more than one year

Eligibility:

Home must be located in the U.S.
Includes houses, apartments, condos, mobile homes
Does not have to be your main home
GHP must meet Energy Star requirements
Installed between 1/1/2008 and 12/31/2016

Click here download a pdf copy of our Residential Geothermal Tax Guide: source. www.climatemaster.com