For a lot of families, there typically seems to be a long list of home improvement projects that they would like to get done or new ideas they’d like to attempt. While several may not be necessities, furnace replacement is an example of a project that could be vital to keeping your home comfortable during the winter months in Athol.

Purchasing a new furnace is a great investment. You’ll absolutely recognize the return-on-investment on your indoor comfort as well as your utility costs, but it could be a tad daunting at first. The good news is that when you purchase 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 pushed through December 31, 2020. In order to receive the tax credit, you must buy a furnace that has earned the ENERGY STAR label. Keep in mind it can’t be a furnace that is labeled ENERGY STAR for “U.S. South Only.” When looking for furnace replacements, watch for products with the ENERGY STAR rating so you can be sure you’re selecting a high-efficiency furnace.

At Alpine Summit Heating & Cooling, the experts will help you select a product that matches your needs and makes sure you qualify for this tax credit. While ENERGY STAR products indicate high efficiency, it’s important to confirm 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 is not going to be the only savings you’ll receive when you buy a new high-efficiency furnace. Some of the most efficient furnaces can save you hundreds of dollars on your energy costs during the year. And your family will also have higher confidence in your HVAC system to maintain your indoor space at just the right comfort level.

If you have questions regarding your eligibility for a tax credit, or if there are other local savings you might be eligible for by installing a new high-efficiency furnace, give our experts at Alpine Summit Heating & Cooling a call at 208-561-1226. You can also visit ENERGY STAR or contact your local utility company if you have questions about other eligible home products.