Is there a tax credit for furnaces and boilers?

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Orange Park       Clay County                   904-264-6444
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Fernandina          Nassau County               904-277-3040
Macclenny          Baker County                 904-259-5091
Palm Coast         Flagler County                386-439-5290
Daytona              Volusia County               386-253-4911

GAINESVILLE    ALACHUA COUNTY       352-335-8555
Serving all of Florida  and Georgia    at     904-346-1266

EMAIL LARRY@1STPROP.COM (feel free to email your bidding packages here)

Yes, furnaces and boilers can qualify for a tax credit.

How much: 30% of the cost (including installation/labor costs), up to $1,500
Timing: Tax credit in effect in 2009 and 2010. Must be installed in your “principal residence” between January 1, 2009 and December 31, 2010.
Details: Natural Gas or Propane Furnaces – AFUE of 95 or greater

Oil Furnaces – AFUE of 90 or greater (AFUE= Annual Fuel Utilization Efficiency)

Gas, Propane, or Oil Hot Water Boilers – AFUE of 90 or greater

Find qualified models: There isn’t a single, comprehensive, list of heating products that are eligible for the tax credit. The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) lists their member products that are qualified (below), but because AHRI membership is required, there are some products that are eligible not on the AHRI list. Some additional qualified products are on the ENERGY STAR lists.

Furnaces:

Boilers:

How to apply: File Tax Form 5695 with your tax return.

You must have a Manufacturer’s Certification Statement to qualify.

There are 3 types of water heaters covered by the tax credit. Please refer to their specific FAQ for more information:

1) Gas, Oil, and Propane Water Heaters (including tankless)

2) Electric Heat Pump Water Heaters

3) Solar Water Heaters

Water heaters NOT eligible for the tax credit:

  • Electric storage tank water heaters
  • Electric tankless water heaters

FREE ESTIMATES

Jacksonville       Duval County                 904-346-1266
St Augustine      St Johns County             904-824-7144
Orange Park       Clay County                   904-264-6444
Jacksonville Beaches    Duval County      904-246-3969
Fernandina          Nassau County               904-277-3040
Macclenny          Baker County                 904-259-5091
Palm Coast         Flagler County                386-439-5290
Daytona              Volusia County               386-253-4911

GAINESVILLE    ALACHUA COUNTY       352-335-8555
Serving all of Florida  and Georgia    at     904-346-1266

EMAIL LARRY@1STPROP.COM (feel free to email your bidding packages here)

other websites we recommend you look at

www.asap-plumbing.com