How to Get Tax Credits and Rebates on a New HVAC System

The Inflation Reduction Act Incentivizes Energy-Efficient Upgrades

For homeowners thinking about getting a new air conditioning system, heater, or heat pump this year, the Inflation Reduction Act was updated with new incentives for homeowners to invest in new energy-efficient upgrade installations in 2023. The government wants to encourage homeowners to invest in an energy-efficient future by providing financial incentives for making sustainable upgrade choices at home. Homeowners can get tax credits and rebates for switching their old HVAC system to a new eco-friendly model. 

The government could offer homeowners thousands of dollars for installing a new HVAC system. There are so many benefits to getting a new heating and cooling system, and there is no better time than now for homeowners to take advantage of these government incentives. Homeowners can also save on their monthly energy bills for years after upgrading to a new and more efficient HVAC system or heat pump. 

How the Inflation Reduction Act Impacts HVAC Systems

inflation According to the new Inflation Reduction Act, energy-efficient air conditioners, heaters, and heat pumps may be eligible for tax credits and rebates if they meet certain energy efficiency requirements and are installed after January 1, 2023. Upgrading to a new system significantly reduces the home’s environmental impact. 

The Inflation Reduction Act is designed to reduce energy bills for homeowners and businesses by incentivizing them to replace old and outdated HVAC equipment. The tax credits, rebates, and lower utility bills help families and businesses have more money to invest in the economy. This act allows homeowners to get eco-friendly HVAC upgrades that they may not otherwise be able to afford. 

More About the Incentives 

The new HVAC equipment needs to meet specific standards and certifications to qualify for the incentives. ENERGY STAR-certified equipment and Consortium for Energy Efficiency equipment are included in the list of eligible installations. Starting in January 2023, homeowners can get a 30% tax credit on the total installation costs for a certified energy-efficient heating and cooling system. This means up to a $600 tax credit toward a new air conditioner or electric furnace. Homeowners can also receive up to $2,000 towards a new heat pump. 

The High-Efficiency Electric Home Rebate Program is an income-based incentive program included in the Inflation Reduction Act. It is an initiative that provides financial assistance to homeowners who wish to upgrade their homes with energy-efficient appliances like HVAC systems and heat pumps. With this program, homeowners can receive up to thousands of dollars in incentives applying to installations starting in 2023. 

Benefits of a New Eco-Friendly HVAC System save

The benefits of installing a new, energy-efficient HVAC system or heat pump include the following:

  • Reduce carbon emissions 
  • Better efficiency 
  • Lower energy bills 
  • Safer operation 
  • Fewer repairs 
  • Quieter performance 
  • Cleaner indoor air quality 

There are many benefits to installing a new heating or cooling system. Old heating and cooling systems can have problems like noisy performance, lost efficiency, or frequent repairs. A new HVAC system will solve those issues and add value to the home for years to come. Homeowners will not only save money on a new system through tax credits and rebates, but they will also save money on monthly utility bills because of the unit’s energy efficiency. 

About Morrow Mechanical

Morrow Mechanical has more than two decades of expertise serving Spring, TX, and the surrounding areas. They provide upfront pricing, on-time service, and financing. Call them today for AC, heater, or heat pump installation in Spring, TX.

Spooky Things That Can Go Wrong With Your HVAC System This Halloween

Beware of These Problems 

It’s Halloween, and everyone is on their guard against spooks and tricks. While most of the scaring done during the season is all in good fun, there are a few things that homeowners should be wary of around the house that could cause a real scare. 

Coinciding with the festivities is a change in the weather that can bring about a few issues. People will start cycling on the heater to stave off the chills as outdoor temperatures drop. However, furnaces and heating and cooling systems can be dangerous, so homeowners should be aware of the signs of danger so they can enjoy their Halloween safely. 

Carbon Monoxide Leaks

detectors Carbon monoxide is a silent threat that can lurk in any home with gas appliances and is a danger associated with a broken furnace. This poisonous gas is tasteless, colorless, and odorless and is the byproduct of the combustion of natural gas, propane, or wood fires. The only way to safely detect carbon monoxide leaks early is with carbon monoxide detectors that are recommended to be hung near flame-producing appliances. 

Exposure to carbon monoxide can cause chronic and acute symptoms, so it’s important to catch carbon monoxide leaks early. Signs of exposure are:

  • Nausea
  • Headaches
  • Vomiting
  • Dizziness
  • Shortness of breath
  • Heart problems 

Smelly Mold Growth 

mold Old homes are synonymous with musty odors, but bad odors can also plague new homes. Most often, musty smells are attributable to moisture problems in the house and are a sign of mold. In old homes, this can be the product of poor insulation that allows humid air inside. In newer homes, high moisture is likely due to a well-sealed home with a heating and cooling system that isn’t properly regulating humidity. 

Heating and cooling systems have moisture inside the unit that can travel into the air ducts, and when humidity is allowed to run rampant in old or new homes, this spurs mold growth. Despite the cleanliness of the air in a home, mold can grow and cause musty odors if moisture is high. If musty odors are present in a home, the first place to look is the furnace and AC. 

Often the cause of humidity problems in a home is simply a lack of maintenance. In some cases, air duct cleaning or coil cleaning will be better options for removing mold that has grown in the ductwork. If homeowners suspect mold, they should call a professional immediately to prevent the negative health effects of mold.

Dangerous Overheating Furnaces 

One sign of an overheating furnace is also noticed by the nose. Often overheating furnaces give off a strong burning smell and a humming noise. An overheating furnace is extremely dangerous because it can lead to furnace fires. 

A furnace overheating can be due to neglected maintenance. Furnace maintenance includes cleaning the burner area and changing air filters on time. This is necessary because when the air filter is dirty, dust can settle near the burner and slowly burn when the furnace starts up. Furnace maintenance removes this dust and allows technicians to check safety devices to ensure that the furnace won’t overheat upon start-up. 

About Morrow Mechanical

Morrow Mechanical has more than two decades of experience serving Spring, TX residents, and the surrounding areas. They offer upfront pricing, always on-time service, financing, and extended hours. Call them today for furnace repair and maintenance in Spring, TX.