For a lot of families, there always seems to be a large list of home improvement tasks that they want to get done or new ideas they’d like to give a shot. While a handful may not be necessary, furnace replacement is an example of a project that might be vital to keeping your home comfortable throughout the winter months in Norton.

Getting a new furnace is a large investment. You’ll certainly feel the return-on-investment on your indoor comfort as well as your energy bills, but it could be a bit daunting at first. The good news is that when you pick a new energy-efficient furnace, you may be approved 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 have to buy 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, keep an eye out for solutions with the ENERGY STAR rating so you can be confident you’re selecting a high-efficiency furnace.

At HCE Systems, our team can help you determine a product that fits your needs and makes sure you qualify for this tax credit. While ENERGY STAR products designate high efficiency, it’s important to check the furnace you select 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 won’t be the only savings you’ll find when you purchase a new high-efficiency furnace. Some of the most efficient solutions can save you hundreds of dollars on your energy costs throughout the year. And you’ll also have more confidence in your HVAC system to help your home stay at just the right comfort level.

If you have questions about your eligibility for a tax credit, or if there are further local savings you may be eligible for by buying a new high-efficiency furnace, give our professionals at HCE Systems a call at 276-302-0076. You can also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.