Parkman Air 409-682-3202

Federal Tax Credit - $1500 Tax Credit

On February 16, 2009, President Obama signed the American Recovery and Reinvestment Act of 2009 (ARRA) into law. This Act increased tax credits available to homeowners who make qualified energy efficient improvements to their existing primary residences. If you are a homeowner and are thinking about installing new HVAC equipment, you should consider the benefits qualifying equipment would provide at tax time. Not only can these credits lower your tax liability, they can also reduce your energy costs by up to 40% and provide for a cleaner environment.

Homeowners who install qualified furnaces, boilers, heat pumps, central air conditioners, and hot water heaters in 2009 or 2010 may qualify for a tax credit equal to 30% of the installed costs, up to $1500.

To take advantage of the American Recovery and Reinvestment Act of 2009 tax credits, you must purchase your qualifying high-efficiency comfort system between January 1, 2009 and December 31, 2010. Better yet, your savings won?t be limited to a one-time tax credit. You?ll continue saving every month with reduced monthly cooling and heating bills.

Summary of Tax Credits

Product Type

Qualifying Systems

Tax Credit

Central A/C

Split Systems:
EER >=13
SEER >= 16

Package systems:
EER >= 12
SEER >= 14

30% of cost,
up to $1,500

Air Source Heat Pumps

Split Systems:
HSPF >= 8.5
EER >= 12.5
SEER >= 15

Package systems:
HSPF >= 8
EER >= 12
SEER >= 14

30% of cost, up to $1,500

Energy Star