For a lot of homeowners, there usually seems to be a large list of home improvement to-do’s that they would like to get done or new ideas they’d like to give a shot. While several may not be necessary, furnace replacement is a job that could be key to keeping your home comfortable throughout the winter months in Yukon.

Purchasing a new furnace is a great investment. You’ll absolutely notice the return-on-investment on your indoor comfort in addition to your energy costs, but it may be a tad daunting at first. The good news is that when you select a new energy-efficient furnace, you could be eligible 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 obtain the tax credit, you must select 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 browsing for furnace replacements, watch for solutions with the ENERGY STAR rating so you can be certain you’re selecting a high-efficiency furnace.

At Comfort Concepts Heating & Air Conditioning, the experts will help you determine an option that matches your needs and helps you qualify for this tax credit. While ENERGY STAR products designate high efficiency, it’s important to check 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.

Qualifying for the tax credit won’t be the only savings you’ll observe when you get a new high-efficiency furnace. A lot of the most efficient solutions can save you hundreds of dollars on your energy costs all year long. And you’ll also have greater confidence in your HVAC system to maintain your indoor space at just the right temp.

If you have questions about your eligibility for a tax credit, or if there are other local savings you may be eligible for by installing a new high-efficiency furnace, give our professionals at Comfort Concepts Heating & Air Conditioning a call at 405-494-7444. You can also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.