Return comeBe bea (NAPSA)—Tax credits are available to homeowners whopurchase high-efficiency heating and cooling equipment this year. The Energy Policy Act contains tax incentives that allow consumers to reduce their tax bills on a dollar-for-dollar basis up to the amount allowed under the law. The home energy efficiency tax credit is in effect for consumers who purchased qualifying equipment and hadit installed in 2006 or 2007. The Energy Policy Act offers homeowners as much as $300 in tax credits with the purchase of qualified high-efficiency heating, cooling and water-heating equipment. The legislation defines the type of equipment and the amount of the credit in this way: High-efficiency gas, oil and propane furnaces and boilers: $150 High-efficiency central airconditioning units, including airsource and ground-source heat pumps: $300 High-efficiency fans for heating and cooling systems: $50 High-efficiency water heaters, including heat pump water heaters: $300 Manufacturers and retailers should be able to tell homeowners if a product qualifies for a tax credit. Qualifying efficiencies identified in the bill include: Furnaces andboilers: Annual Fuel Utilization Efficiency (AFUE) of 95 or higher * Central air-conditioning units: Seasonal Energy Efficiency Ratio (SEER) of 15 and an Energy Efficiency Ratio (EER) of 12.5 You may save big money on your taxes when you save energy with efficient heating and cooling appliances. Air-source heat pumps: Heat- ing Seasonal Performance Factor (HSPF) of 9 or greater, SEER of 15 or higher and EER of 18 or higher In addition to providing tax savings, these high-efficiency products will makeit easier for homeownersto reduce energy consumption and lower their energy bills. To qualify for the tax credits, homeowners need to verify the efficiency of the equipment and the date it was placed into service. To learn more about which products meet the specifications set forth in the Energy Policy Act, such as the York Affinity” Series of air conditioners, heat pumps and furnaces from Johnson Controls, talk to a heating, ventilation and air-conditioning contractor. To learn more about the energy-efficient York Affinity Series, visit www.yorkupg.com.
