Not only can upgrading to a high-efficiency HVAC equipment cut energy costs by roughly 20 percent—or $200—annually. The purchase and installation of certain HVAC systems can also make you eligible for tax energy credits. With a tax credit, you get matched dollar per dollar on reductions in your tax liability. So, for example, if you receive the $500 tax credit, you pay $500 less in taxes.
While the cost to upgrade to high-efficiency central air conditioning system may be larger upfront—ranging from around $3,500 to $7,000—the investment will quickly and consistently pay for itself in terms of reduced energy consumption and expenses.
The Basics of AC Installation and Tax Credits
- Not all Energy Star products will qualify for a tax credit. Here are the key product criteria for Air-Source Heat Pumps and Central Air Conditioners.
- There is a $500 tax credit ceiling. The lifetime credit is a maximum of up to 10 percent of costs—up to $500—for all energy improvements together.
- File IRS Form 5695 with your returns. Pay attention to details.
- Your eligible HVAC system must have been installed by December 31, 2016.
Central Air Conditioning Tax Credit Requirements
Split Systems
SEER >= 16
EER >= 13
Package Systems
SEER >= 14
EER >= 12
Call Blair’s Air for High-Efficiency HVAC Installation
If you are on the market for a new, high-efficiency heating and central air conditioning system, Blair’s Air Conditioning and Heating is here to help. Our team of expert technicians will be with you every step of the way—from planning and purchasing, to design, system installation and ongoing repairs and maintenance. Having the most efficient HVAC system won’t matter much if you disregard routine maintenance.
Contact the cooling crew at Blair’s Air today by calling us or scheduling service online. We are committed to keeping your Clearwater, St. Petersburg or Tampa Bay office or residence as comfortable and efficient as possible throughout spring and summer.
Call 727-592-8479 to schedule your appointment.
Does Homeowners Insurance Cover AC Replacement in Florida?
Florida policies pay for AC replacement after a sudden covered event like lightning, wind or fire, not after a system wears out. Here is how claims, home warranties and adjuster documentation actually work in Pinellas County.
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Get a Free Estimate
When it comes to your AC, preparation is key – and we want to help you be prepared without the headache. To get a free quote on your unit’s installation, reach out to us today.
Get a Free Estimate
When it comes to your AC, preparation is key – and we want to help you be prepared without the headache. To get a free quote on your unit’s installation, reach out to us today.
Satisfaction Guaranteed!
Blair’s A/C always does a great job. Gunnar was my service technician today and was great to work with. Serviced everything and installed a UV light in the upstairs unit. I want Gunnar on every call from now on.
Ruben and Edward are Great!!👍
Chris was incredibly helpful and really went above and beyond for us. After another technician was unable to solve the problem, Chris came out and genuinely cared about finding a way to keep our kids comfortable in this Florida heat.… Read more
Gunnar is the best tech I’ve worked with. Thanks Gunnar!
I have one of the fairly new Goodman "Inverter communicating" ducted heat pump systems. These systems require some advanced technician training in order for them to have the smart thermostat, the air handler, and the condenser unit all… Read more
Great technician…efficient in and out. Friendly and knowledgeable!!