Orlando Air Conditioning Tax Credits

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Tax relief is available to taxpayers who purchase energy efficient retrofits to their homes such as a central heating air conditioning system upgrades.

Orlando, FL (I-Newswire) August 24, 2011 - To encourage customers to buy energy efficient products, Energy Star partners, such as O'Brien Heating and Air Conditioning in Orlando, Florida, occasionally sponsor special offers to benefit consumers. These may include sales tax exemptions or credits, or rebates on qualified products. Partners also occasionally sponsor recycling incentives for the proper disposal of old products.

Founder Matt O'Brien of O'Brien Heating and Air Conditioning; proudly announce cooperation as a licensed air conditioning contractor in Orlando, Florida, in the tax credits program potentially saving thousands to customers across the Central Florida area.

O'Brien designs Heating and Air Conditioning systems with cost effective solutions for to save energy without sacrificing quality of equipment. Many are not aware of the Tax Relief Act of 2010 regarding tax savings on purchasing energy efficient equipment such as heat pumps, central air conditioning systems and more.

The Tax Relief, Unemployment Insurance Re-authorization, and Job Creation Act of 2010 was signed into law December 17, 2010. Section 25c tax credits (the official name of the energy tax credits) are available to taxpayers who make energy efficient retrofits to their homes such as a central air conditioning system upgrades. The tax credits are extended through the year 2011, but at a significantly reduced value compared to the previous tax credits of 2009-2010. After December 2011, there very well may be no more incentives due to the current state of our economy.

Starting on January 1, 2011 and through December 31, 2011, an eligible homeowner can claim 10% of the costs for the installation of qualified energy efficient heating and air conditioning installations, subject to certain limits.

Under the new law, for HVAC, the maximum a homeowner could claim is $300 for a qualified central air conditioner and heat pump, and $150 for a qualified furnace or hot water boiler, and $50 for any advanced main air circulating fan.

Beyond the change to the tax credit values, the new law will increase the qualifying standards for natural gas hot water boilers, propane hot water boilers, oil furnaces, and oil hot water boilers to 95% AFUE (Annual fuel utilization efficiency). The qualifying standards for natural gas furnaces and propane furnace remain at 95% AFUE.

The qualifying standard for central air conditioners and heat pumps, which were modified by the Stimulus bill in 2009, are not changed. Therefore, a central air conditioner must meet or exceed 16 SEER and 13 EER; and an air source heat pump must meet or exceed 15 SEER and 12.5 EER and 8.5 HSPF, in order to qualify for the tax credit.

Finally, the new law reinstates the lifetime credit caps, which disqualify any homeowner who has claimed more than $500 in 25c tax credits since January 1, 2005, from any further credits.

O'Brien Heating and Air Conditioning Orlando, Floirda
(407) 671-1247 | (407) 891-0047

ac@obrienheatandair.com
http://www.obrienheatandair.com





About O'Brien Heating and Air Conditioning Orlando:
Over the years heating and air conditioning manufacturers have continued to improve their products and O'Brien Air has kept pace by continually working to offer our customers the most effective, energy efficient HVAC products available.

O'Brien Heating and Air Conditioning, serving greater Orlando, provides excellent air conditioning & AC Repair in and around Central Florida. O' Brien is Orlando's fastest growing AC service company offering lower priced items than all other leading Orlando companies.

Company Contact Information
O'Brien Heating and Air Conditioning Orlando
Matt O'Brien
371 Old Alemany Place
32765
Phone : 4076711247




Industry > Plumbing Heating & AC

orlando   tax   contractor   repair   Service   heating   Air   Conditioning   credits  

August 24, 2011

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