820 Greenbrier Circle, Suite 6
Chesapeake, Va 23320
- 2646
Office: 757-655-6447 | FAX: 757-523-6530

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Energy Tax Credits will Expire Soon - Chesapeake, VA

Darren Kincaid - Friday, November 25, 2016

If you have not already jumped on the home energy-efficiency bandwagoni in Chesapeake, VA, you can still capitalize on several federal energy tax credits before the year ends. The energy tax credits work like this:

Federal Income Tax Credits for Energy Efficiency

A number of tax credits for residential energy efficiency have been renewed.  These tax credits are available for purchases made in 2016, as well as retroactive to purchases made in 2015.  ENERGY STAR products eligible for tax credits are independently certified to save energy, save money and protect the environment.  Use up to 30% less energy in your home by outfitting it with ENERGY STAR products available across more than 70 categories.

2016 Federal Tax Credits

Federal Tax Credits: Central Air Conditioning (CAC)

Air conditioners recognized as ENERGY STAR Most Efficient 2016 meet the requirements for this tax credit.

Tax  Credit Amount:  $300

Split Systems:
SEER>= 16
EER >= 13

Package systems:
SEER >= 14
EER >= 12

Federal Tax Credits: Air Source Heat Pumps

Heat pumps that are ENERGY STAR certified meet the requirements for this tax credit.  Learn More and  Find Products.

Tax Credit Amount:  $300

Split Systems:
HSPF >= 8.5
EER >= 12.5
SEER >= 15

Package systems:
HSPF >= 8
EER >= 12
SEER >= 14

Other cost-saving ideas include:

Insulate your home. Up to 30% of heated or cooled air can be lost through leaks, so add weather stripping and caulking wherever air escapes.

Heating water is the third-largest home energy expense, after heating/air conditioning and electrical appliances, so try lowering your water heater temperature to 120º F or lower.

Use Energy Star products, which consume up to 50% less energy and water than standard models.

Clean or replace furnace filters monthly during the winter.

Bottom line: Take advantage of financial incentives available to make your home more energy efficient. Contact Central Plumbing and Heating in Chesapeake, VA for more information on decreasing your home energy costs.


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