As part of the American Recovery and Reinvestment Act of 2009, homeowners who purchase a new air conditioner before December 31, 2010 may qualify for a federal tax credit of up to $1,500. The credit is calculated as 30% of the cost of the air conditioner (plus labor) up to $1,500. The air conditioner must be installed at the homeowner’s principal address. It must be an existing home, and new construction and rentals do not qualify for the credit.
If the air conditioner is a split system, it must have a seasonal energy efficiency ratio (SEER) of 16.00 or higher and an energy efficiency ratio (EER) of 13.00 or higher. Packaged systems must have a SEER of 14.00 or higher and an EER of 12.00 or higher. Additional requirements may also be applicable.
For more information about the tax credit and to determine how you may qualify for the tax credit, give us a call at 954-566-4644 and one of our air conditioning experts will answer all of your questions.