Fort Lauderdale, FL – The American Recovery and Reinvestment Act (ARRA) signed into law by President Obama in February of 2009 has created some tremendous opportunities for homeowners.
As just one example out of hundreds of tactics and products, Americans are replacing water heaters every day. Not all ENERGY STAR gas storage and gas condensing water heaters will qualify for the tax credit. However, all ENERGY STAR gas tankless models will qualify.
The criteria for receiving the tax credit requires that the equipment you buy must meet very specific standards. There are two different sets of standards: one for items placed in service (installed) between 1/1/2009 and 2/17/2009, and one for those placed in service between 2/18/2009 and 12/31/2010. The following information outlines the criteria for the later, those items placed in service between 2/18/2009 and 12/31/2010. For products purchased between 1/1/2009 and 2/17/2009, the terms of the tax credits are less clear. The IRS will likely clarify these terms in guidance documents, which are expected to be released later this year.
Details on REDUCING Utility Costs
HEATING, VENTILATING and AIR CONDITIONING (HVAC)
Central Air Conditioning (CAC) –
1. Split Systems –
a. Energy Efficiency Ratio (EER) must be greater than or equal to 13.
b. Seasonal Energy Efficiency Ratio (SEER) must be greater than or equal to 16.
2. Package Systems –
a. Energy Efficiency Ratio (EER) must be greater than or equal to 12.
b. Seasonal Energy Efficiency Ratio (SEER) must be greater than or equal to 14.
Air Source Heat Pumps (ASHP) –
1. Split Systems –
a. Heating Season Performance Factor (HSPF) must be greater than or equal to 8.5.
b. Energy Efficiency Ratio (EER) must be greater than or equal to 12.5.
c. Seasonal Energy Efficiency Ratio (SEER) must be greater than or equal to 15.
2. Package Systems –
a. Heating Season Performance Factor (HSPF) must be greater than or equal to 8.
b. Energy Efficiency Ratio (EER) must be greater than or equal to 12.
c. Seasonal Energy Efficiency Ratio (SEER) must be greater than or equal to 14.
Note: For CAC and ASHP systems, not all Energy Star models qualify for the tax credit. For a
partial list of qualifying products go to the Air Conditioning, Heating, and Refrigeration Institute
(AHRI).
Natural Gas or Propane Furnace –
1. Must have an Annual Fuel Utilization Efficiency (AFUE) greater than or equal to 95.
Oil Furnace –
1. Must have an Annual Fuel Utilization Efficiency (AFUE) of more than 90.
Gas, Propane, or Oil Hot Water Boiler –
1. Must have an Annual Fuel Utilization Efficiency (AFUE) of more than 90.
Note: For furnaces and boilers, not all Energy Star appliances qualify for the tax credit. For a
partial list of qualifying products go to the Air Conditioning, Heating, and Refrigeration Institute
(AHRI).
Advanced Main Air Circulating Fan –
1. Must not constitute more than 2% of furnace’s total energy use.
WATER HEATING
Gas, Oil, Propane Water Heater –
1. Must have an Energy Factor at or above .82 or a thermal efficiency rate of at least 90%.
Note: Not all ENERGY STAR gas storage and gas condensing water heaters will qualify for the
tax credit. All ENERGY STAR gas tankless models will qualify. For a partial list of qualifying
products go to the Air Conditioning, Heating, and Refrigeration Institute (AHRI).
Electric Heat Pump Water Heater –
1. All Energy Star models meet the criteria. Energy Factor greater than or equal to 2.0.
Solar Water Heating –
1. At least half of the energy generated by the “qualifying property” must come from the
sun. Homeowners may only claim spending on the solar water heating system property,
not the entire water heating system of the household.
2. The credit is not available for expenses for swimming pools or hot tubs.
3. The water must be used in the dwelling.
4. The system must be certified by the Solar Rating and Certification Corporation (SRCC).
About Us: DtiCorp.Com (http://www.DtiCorp.com) carries more than 35,000 HVAC products, including industrial, commercial and residential parts and equipment from Honeywell, Johnson Contols, Robertshaw, Jandy, Grundfos, Armstrong and more. Our online catalog is easy to navigate and search, and all products have a picture and a description. If a customer has any questions about a product, they can call 800-757-5999 and speak with one of our product experts. Our mission is to offer the best prices anywhere to our customers.
Julian Arhire
Manager DtiCorp.com
Phone: 954.298.2515
Fax: 954.206.0767
Web: http://www.DtiCorp.com
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