Take advantage of the best deals on York AC & Heat Pump Systems before the summertime rush! Promotions below are valid on installations until 3/31/2024. You can receive up to $480 in rebates when you purchase qualifying York equipment* from Symbiont Service, your York Certified Comfort Expert. All our York units come with a add a YORKCare™ Protection Plan extended warranty** for your peace of mind. Combine this offer with an additional 5% off AC changeouts! You can also apply a Florida Power & Light’s $150 Instant Rebate* and see if you qualify for Federal Tax Credits† to maximize your savings.
Not only can upgrading to a more energy efficient air conditioner or heat pump lower your energy bills, but it can also save you some cash come tax season. We’ll tell you how.
First, some background. On January 1, 2023, federal tax credit provisions under the Inflation Reduction Act came into effect. These Energy Efficient Home Improvement tax credits help reduce the cost of certain upgrades to homes and businesses—including air conditioners, heat pumps, and other home appliances and upgrades.
Though the requirements are more complex than previous credits, the maximum credit amount available to you is also much higher. The Energy Efficient Home Improvement tax credits are available for equipment installed between January 1, 2023-December 31, 2032. (Go here for tax credit information for 2022 and earlier.)
On August 16 of this year, the president of the United States signed the Inflation Reduction Act into law. That means a change in the tax credits available to both the residential and commercial markets.
Did you upgrade your air conditioner in 2021 or 2022? Keep reading this post for information about the Non-Business Energy Property Tax Credits, which were extended and apply retroactively through 12/31/2022.
In addition to bringing you benefits like lower electric bills, your new AC could save you some cash this tax season.
In 2022, the government extended the Non-Business Energy Property Tax Credits on residential air conditioning equipment. This means that certain qualifying air conditioners and heat pumps installedthrough December 31, 2022 are eligible for a $300 tax credit.
The tax credit also retroactively applies to new air conditioners installed in the 2018-2021 tax year. (The tax credit originally expired December 31, 2017.) If you have not previously claimed the Non-Business Energy Property Tax Credit, consult with your tax professional for details.