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

Getting a new furnace is a big investment. You’ll definitely recognize the return-on-investment on your indoor comfort as well as your energy costs, but it might be a tad overwhelming at first. The good news is that when you select a new energy-efficient furnace, you may be qualified for a federal tax credit.

According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were prolonged through December 31, 2020. In order to obtain the tax credit, you must buy a furnace that has earned the ENERGY STAR label. It cannot be a furnace that is labeled ENERGY STAR for “U.S. South Only.” When shopping for furnace replacements, watch for solutions with the ENERGY STAR rating so you can be confident you’re choosing a high-efficiency furnace.

At Fal-Ken Heating & Cooling Corporation, the experts will help you choose a product that fits your needs and makes sure you qualify for this tax credit. While ENERGY STAR products signify high efficiency, it’s important to clarify that the furnace you select 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 will not be the only savings you’ll receive when you get a new high-efficiency furnace. Many of the most efficient furnaces can save you hundreds of dollars on your utility costs throughout the year. And your household will also have more confidence in your HVAC system to maintain your indoor space at just the right comfort level.

If you think of questions concerning your eligibility for a tax credit, or if there are further local savings you may be eligible for by purchasing a new high-efficiency furnace, give our professionals at Fal-Ken Heating & Cooling Corporation a call at 631-460-5159. You could also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.