As the warm weather continues on the South Bay Peninsula, your cooling costs likely have remained high this summer. Running outdated or inefficient air conditioning systems can be like throwing money out the window. Try to keep a cool head because you may be eligible for tax credits for an A/C replacement.
Tax credits for an A/C replacement that qualifies under federal guidelines are available for air conditioning systems that were purchased and installed between Jan. 1, 2012 and Dec. 31, 2013. Tax credits are available for 10 percent of the air conditioning system’s cost, up to $300.
To be eligible for the 2012-13 tax credits for a central A/C replacement, air conditioners must meet the highest standards as set by the Consortium for Energy Efficiency (CEE). The CEE rates air conditioners according to the system’s energy usage in order to produce a specific output. This rating is referred to as its seasonal energy efficiency ratio (SEER). The minimum SEER allowed for a residential central air conditioner or heat pump is 13, though to qualify for the federal tax credit, the A/C must have a minimum of SEER 16. While higher efficiency A/Cs cost more, they provide continued operational savings throughout their service life.
The most energy efficiency air conditioners on the market today use as much as 30-50 percent less energy to use than their counterparts of the 1970s, which can greatly reduce your monthly energy bill. Even replacing a system that’s only 10 years old could reduce your energy bill by 20-40 percent.
When looking for a replacement air conditioning system, consumers can choose from a wide array of options, and at Valley Heating, Cooling, Electrical, we’ll be happy to explore your options with you. For expert advice on selecting the right air conditioning system for your Santa Cruz area home or office, please contact us today.
Our goal is to help educate our customers in the South Bay Peninsula and Santa Cruz areas of California about energy and home comfort issues (specific to HVAC systems). For more information about tax credits and other HVAC topics, download our free Home Comfort Resource guide.
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