For most families, there typically seems to be a long list of home improvement projects that they need to get done or new ideas they’d like to try. While several may not be necessities, furnace replacement is one job that may be vital to keeping your home comfortable throughout the winter months in Safford.

Purchasing a new furnace is a large investment. You’ll absolutely recognize the return-on-investment on your indoor comfort in addition to your energy costs, but it may be a little intimidating at first. The good news is that when you select 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 pushed through December 31, 2020. In order to obtain the tax credit, you are required to select a furnace that has earned the ENERGY STAR label. However, it can’t 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 B&D Air Conditioning, the experts will help you find a product that meets your needs and helps you qualify for this tax credit. While ENERGY STAR products designate 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 means the percent of heat produced for every dollar of fuel consumed.

Taking advantage of this opportunity is not going to be the only savings you’ll observe when you get a new high-efficiency furnace. Many of the most efficient furnaces can save you hundreds of dollars on your utility costs during the year. And your family will also have greater confidence in your HVAC system to help your home stay at just the right temp.

If you come across questions about your eligibility for a tax credit, or if there are additional local savings you may be eligible for by installing a new high-efficiency furnace, give our professionals at B&D Air Conditioning a call at 928-432-6018. You can also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.