For a lot of homeowners, there typically seems to be a large list of home improvement tasks that they need to complete or new ideas they’d like to try. While a handful may not be required, furnace replacement is a task that might be vital to keeping your home comfortable throughout the colder months in Mechanicsburg.

Purchasing a new furnace is a sizeable investment. You’ll certainly see the return-on-investment on your indoor comfort along with your energy bills, but it may be a bit daunting at first. The good news is that when you buy a new energy-efficient furnace, you may be eligible for a federal tax credit.

According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were prolonged through December 31, 2020. In order to receive the tax credit, you must select 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 browsing for furnace replacements, watch for solutions with the ENERGY STAR rating so you can be certain you’re choosing a high-efficiency furnace.

At H & H Service Company, the experts will help you identify an option that fits your needs and ensures you qualify for this tax credit. While ENERGY STAR products signify high efficiency, you’ll need to confirm the furnace you choose has an Annual Fuel Utilization Efficiency (AFUE) greater than 95, in order to qualify for the tax credit. AFUE indicates the percent of heat produced for every dollar of fuel consumed.

This tax credit is not going to be the only savings you’ll receive when you get a new high-efficiency furnace. A lot of the most efficient furnaces can save you hundreds of dollars on your energy costs all year long. And you’ll also have greater confidence in your HVAC system to help your home stay at just the right temperature.

If you think of questions about your eligibility for a tax credit, or if there are further local savings you might be eligible for by getting a new high-efficiency furnace, give our professionals at H & H Service Company a call at 717-220-4502. You can also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.