For a lot of families, there typically seems to be a long list of home improvement projects that they would like to do or new ideas they’d like to try. While some may not be necessities, furnace replacement is an example of a project that might be vital to keeping your home comfortable throughout the winter months in Hudsonville.

Getting a new furnace is a big investment. You’ll certainly realize the return-on-investment on your indoor comfort along with your utility costs, but it may be a little overwhelming at first. The good news is that when you purchase a new energy-efficient furnace, you might be approved for a federal tax credit.

According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were prolonged through December 31, 2020. In order to get the tax credit, you are required to buy a furnace that has earned the ENERGY STAR label. However, it can’t be a furnace that is labeled ENERGY STAR for “U.S. South Only.” When shopping for furnace replacements, watch for solutions with the ENERGY STAR rating so you can be certain you’re picking a high-efficiency furnace.

At West Michigan Heating & Air Conditioning Services, our team can 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, you will want to clarify that the furnace you select has an Annual Fuel Utilization Efficiency (AFUE) greater than 95, in order to qualify for the tax credit. AFUE indicates the percent of heat produced for every dollar of fuel consumed.

This tax credit will not be the only savings you’ll find when you get a new high-efficiency furnace. Some of the most efficient products can save you hundreds of dollars on your utility costs throughout the year. And your household will also have greater confidence in your HVAC system to help your home stay at just the right comfort level.

If you come across questions concerning your eligibility for a tax credit, or if there are further local savings you could be eligible for by purchasing a new high-efficiency furnace, give our teams at West Michigan Heating & Air Conditioning Services a call at (616) 319-1436. You could also visit ENERGY STAR or contact your local utility company if you have questions about other eligible home products.