Exciting HVAC Incentives for Homeowners!

Ready to support the environment while tapping into lower energy bills? Thanks to the Inflation Reduction Act (IRA), investing in an energy-efficient HVAC system is more affordable than ever. This act allocates nearly $370 billion to climate and energy programs, and homeowners who invest in eligible HVAC systems may qualify for incentives that benefit both their wallet and the planet.

Homeowners who install a qualifying HVAC system through the year 2032 may be eligible for higher incentives under the expanded the Energy-Efficient Home Improvement Tax Credit (25C). Savings are available nationwide and include:

  • Up to $2,000 for a qualified heat pump
  • Up to $600 for qualified air conditioners
  • Up to $600 for qualified furnaces
  • Two units installed by JRAC Cooling & Heating Services
  • JRAC Cooling & Heating can help you save money on your taxes with high efficiency upgrades

How do I apply?

Apply for a Nonbusiness Energy Property Tax Credit (25C) in 3 easy steps! Tax credits directly reduce taxes you owe and are regulated by the IRS.

  • Step 1: Download the manufacturer certificate for your heat pump, gas furnace, or air conditioner. Keep this for your records.
  • Step 2: Talk with a tax professional about how you can make the most out of your energy tax credits.
  • Step 3: File Form 5695 as part of your yearly federal tax returns. Learn more about filing the form.

What is a rebate?

Rebates vary based on your location. They offer a way to save money by encouraging you to make greener energy choices for your HVAC system. Find a rebate by entering your zip code. Then, apply it via your local power provider.

What is a tax credit?

You may qualify for federal tax credits when you add certain energy-saving options to your lifestyle. Some American Standard Heating and Air Conditioning systems qualify and can help you save money with these tax credits.

Contact us for more information!