If your AC is aging, we've got good news: 2009 and 2010 will be very good years to get a new system. The federal government is offering up to $1,500 in tax credit for energy-efficient upgrades to your home--such as new insulation, windows, heating, or air conditioning.
Here's how it works. The credits are worth 30 percent of the cost of the upgrades, up to $1500. For example, if you spend $5,000 on eligible air conditioning, you can get $1500 back.
If your AC is not old (less than 10 years), you can use the tax credit to upgrade your windows or insulation. (In fact, if your windows or insulation are not up to snuff, you should probably start there first--no matter what an AC contractor might say. You don't want to invest in new, energy-efficient AC only to find out that your energy bill stays high because your windows and insulation are "leaky.")
But if your AC is more than 10 years old, you should look into this. You can do something to save energy and protect the environment, and Uncle Sam will do something for you! To learn more, visit http://www.energystar.gov and search for "Tax Credits for Energy Efficiency."
Here's how it works. The credits are worth 30 percent of the cost of the upgrades, up to $1500. For example, if you spend $5,000 on eligible air conditioning, you can get $1500 back.
If your AC is not old (less than 10 years), you can use the tax credit to upgrade your windows or insulation. (In fact, if your windows or insulation are not up to snuff, you should probably start there first--no matter what an AC contractor might say. You don't want to invest in new, energy-efficient AC only to find out that your energy bill stays high because your windows and insulation are "leaky.")
But if your AC is more than 10 years old, you should look into this. You can do something to save energy and protect the environment, and Uncle Sam will do something for you! To learn more, visit http://www.energystar.gov and search for "Tax Credits for Energy Efficiency."
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