The Federal Tax Credits Blog

Question: i have an old home with steam heat fueled by gas. I was looking into trying to get a 90% efficiency or greater?

new furnace. from what I am getting from a lot of people is that they either don’t make furnaces for steam heat that qualify for the tax credit (which you need 90% efficiency) or that they are so expensive that it costs way way more than the tax credit is worth to get one to the point that it is not worth it. what is the truth on this? thanks. any info is appreciated.

Answer: You shouldn’t make the decision based on the tax credit but on how much money in gas bills you will save. The tax credit is not intended to pay for the conversion but only to encourage people to make the change.

As HiTechHeat says talk with several contractors. They should be able to spell out the costs and potential savings for the various choices.

Energy conservation saves cash for owners

An Energy Star-rated furnace, a low-water flush toilet and an insulated attic may do more than conserve resources for home and business owners. Going green saves a little green, too. Utility and construction representatives said a growing number of people are realizing the benefits of green building not just to help the environment, but to save on utility costs, maintenance costs for major …

Federal Tax Credit for Energy Efficient Furnaces and Air Conditioning Units

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