HVAC Home Improvement Tax Credits – They’re Back For 2009 – Find Out How You Qualify

HVAC home improvement tax credits are back by popular demand, or should I say, unpopular demand. In 2005, the Bush administration implemented the federal tax credit for energy efficiency. This tax credit covers a broad spectrum of home improvements, but for the sake of this writing, we are concentrating on the HVAC, home improvement tax credits that allow homeowners to take advantage of direct tax credits for replacing older inefficient heating and air conditioning systems with higher efficiency, Energy Star rated appliances.

The original 2005 program ran through and expired at the end of December, 2007. Home improvements made during 2008 were not eligible for this program, but, in light of the ever increasing economic downturn nearing the close of last year, on October 3, 2008, President Bush signed into law the “Emergency Economic Stabilization Act of 2008.” This bill extended tax credits for energy efficient Home Heating & Cooling System improvements. Tax credits for these residential products, which had expired at the end of 2007, will again be available for improvements made during 2009.

The following Tax Credits available for these HVAC improvements include:

$300 – Split System Air Conditioning – 15 SEER Minimum
$300 – Air Source Heat Pumps – 9 HSPF or 15 SEER Minimum
$150 – Gas, Oil, Propane Furnace or Hot Water Boiler – 95% AFUE Minimum
$ 50 – Advanced Main Air Circulating Fan – less than 2% furnace total energy use

What this means to you the taxpayer, by purchasing. For example, a qualifying air conditioning unit, along with a qualifying gas furnace, where the additional advanced Main Air circulating fan, which in layman’s terms “variable speed drive”, you would qualify for up to a $500 tax credit that you can apply to your 2009 federal income tax filing.

If you’re considering upgrading you’re heating and air-conditioning system, 2009 will be a great year for that, and these additional tax credits will allow you to upgrade your homes energy efficiency. It is important to note, that not all ENERGY STAR qualified homes and products qualify for a tax credit. Tax credits are available for a number of products at the highest efficiency levels, which can cost more than standard products. ENERGY STAR distinguishes energy efficient products which, although they may cost more to purchase than standard models, will pay you back in lower energy bills within a reasonable amount of time, even without a tax credit.

These tax credits are not automatic. You must submit a form that authenticates your specific qualifying brand and model numbers. Your HVAC contractor or supplier should furnish these documents. Qualifying brands and models can be found at the U.S. Government Energy Star Website.

Home Improvement – Shaping Up and Organizing Starts at Home

Just as charity begins at home, nearly everything we do at home and for our home will eventually have its effect on our personality and outlook on life. How much you like or hate that smudgy, faded and torn wall paper in your living room shows your partiality for or against untidiness, lack of enthusiasm and disorder. Untidiness, lack of enthusiasm and disorder are very anti-social traits that we don’t want to enhance in ourselves or prolong in our environment. Safety, beauty, hygiene and comfort are not the only reasons why we should now and then pay attention to home improvement. The enhancement of our living standards and personal morale are very important contributions to our personality that home improvement can give.

About fifty years ago, home enhancement might have been a daunting task involving a visit to diverse shops from which people needed something for their home, their garden, their car, their kitchen or their pets. In the 21st century home improvement products are usually available under one roof or one website. Check out “home improvement stores” in Google. Most of the companies you will find listed organically will have products for carpentry, automotive, gardening, kitchen supplies, bathroom and fixtures, pets, gardens, interior and exterior décor, security and all other gadgets and installations that we need in our home for beautifying it, making and keeping it clean and safe, securing it against burglars and intruders and making it a comfortable and dignified place to stay.

Additionally, home necessities websites will feature tips and tricks for maintaining the condition of your home, for giving it added protection and security features. Some sites even offer DIY or Do-It-Yourself e-manuals for those people who would like to do their own home projects.

Because of the many brands and types of products available for consumers, it makes good sense to read up on product reviews first before even going out window shopping for something. It is not just to learn the bad and good reviews that product feedback are important. Product defects will always be found every so often. The more defects you get, the more lax is the quality control of the manufacturer. The simple way to avoid products with defects is to purchase them at real stores. There, you can make sure the item you are receiving is brand new and in perfect condition. You may also find out more about the guarantees and warranties with which the product is covered.

DIY kits are fine if you have done them before. For first timers, however, getting professional advice from a home improvement products vendor about the proper specs to purchase and use for your home is highly advisable. Most stores, whether on the internet or in brick-and-mortar buildings will have cordial client support 24/7. From these people you can get the best advice about home beautification.

But be sure to consult with several such outfits before you make your final decision. This makes sure you get the most economical prices for your project.