Tax Rebates for HVAC Installations

When your home needs an HVAC installation in Sarasota, FL, you might feel apprehensive about the cost. Although a new heating and cooling system requires an initial investment, your purchase may qualify for some helpful tax rebates. These generous rebates put money back in your pockets when you have our team at Reliance Air Services install an energy-efficient HVAC system.

How Much Can I Save?

Under the Inflation Reduction Act of 2022, you can get up to a $300 tax rebate for a qualifying HVAC system installed by our HVAC maintenance team. If you choose a renewable energy HVAC system, it qualifies for a tax credit of up to 30% of the project cost, or an annual maximum of up to $2,000.

HVAC Products That Qualify for Federal Tax Credits for Energy-Efficient Upgrades

We offer a full range of HVAC services, including installation and replacement with these products that qualify you for federal tax rebates.

Central air conditioning systems: $300 for air conditioners rated as Energy STAR Most Efficient

Air-source heat pumps: $300 rebate for Energy STAR-certified heat pumps

Natural gas, propane, or oil furnace: $150 for Energy STAR-certified gas furnaces rated for the southern United States

How to Get the Tax Rebates

When you file your 2022 tax return, you’ll need to fill out the IRS Form 5695: Residential Energy Credits worksheet. If you installed a geothermal heat pump, the Renewable Energy tax credits are available through 2032 under the Inflation Reduction Act of 2022, and you fill out the form for the tax year in which our HVAC repair and installation team installed it for you.

For more information on which HVAC replacement products qualify for tax rebates or to schedule a consultation with our team, reach out to us at Reliance Air Services today!