Image

McCutcheon Air Conditioning and Heating Blog

Font size: +
1 minute reading time (286 words)

Put the Inflation Reduction Act to work for you!

energy-efficient-blog

In addition to its stated aim of curbing inflation, the Inflation Reduction Act (IRA) which was signed into law in August of 2022, is the largest federal investment to fight climate change in U.S. history.

It accomplishes this by offering tax credits and point-of-sale rebates to low-income (under 80% of Area Median Income) and moderate-income (between 80% and 150% of Area Median Income) consumers who purchase electric vehicles and other energy-efficient appliances, including high-efficiency air conditioning systems, between January 1, 2023 and December 31, 2032.

Eligible air conditioning systems include ENERGY STAR certified “split systems” with a SEER2 rating greater than 16 (a split system has an outdoor cabinet that houses the condenser and compressor, and indoor cabinet that houses the evaporator coil, and an air handler – this is what most homeowners have) and all ENERGY STAR certified “packaged systems” (a packaged system has the evaporator coil, condenser, and compressor in one cabinet that is usually placed on the roof or a concrete slab by the home’s foundation - this type of system is also used for small commercial buildings).

If you’ve been toying with the idea of upgrading to an energy-efficient air conditioning system, and you want to see if you can take advantage of these rebates and tax credits, visit https://www.rewiringamerica.org/app/ira-calculator.

Even if you don’t qualify for a rebate or credit, a new high-efficiency air conditioning systems can literally pay for itself in energy savings (e.g. a typical 18 SEER2 system uses 57% less electricity than a 12 SEER system with the same tonnage) so, if you’re about due for a new HVAC system, call 941-921-7208 - we’ll help you find the perfect heating and cooling solution for your comfort and budget needs!

×
Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

Get it while it’s... Cold???
How are the new SEER2 standards going to affect yo...
Comment for this post has been locked by admin.
 

Comments

23 July 2024
AC Blog
Ensure your air conditioning stays safe from power surges. Invest in a high-quality surge protector from Sean McCutcheon's Air Conditioning and Heating, Inc. It could save you hundreds of dollars in repair or replacement costs. What is a surge protec...
28 March 2024
AC Blog
You’ve probably heard by now, that Smart Thermostats can reduce your HVAC-related energy consumption by a lot, but energy savings are just the beginning… Before we get into all the bells and whistles, let’s begin by defining our terms… There are 3 ba...
23 January 2024
AC Blog
AC Blog
When it comes to replacing your old air conditioning system in the (usually) balmy Sarasota area, you can turn that old “get it while it’s hot” idiom right on its head… Here in the Suncoast, heating and air conditioning companies are less busy in the...
21 April 2023
AC Blog
In addition to its stated aim of curbing inflation, the Inflation Reduction Act (IRA) which was signed into law in August of 2022, is the largest federal investment to fight climate change in U.S. history. It accomplishes this by offering tax credits...
30 November 2022
AC Blog
Bottom Line: New energy efficiency standards for air conditioners, heat pumps and furnaces are going into effect this January 1, 2023 and that means air conditioning prices are going up so, if you’re about due for a new air conditioning system, there...
21 August 2020
AC Blog
Warranties provide great peace of mind, especially when it comes to something as expensive as a new HVAC system. But it’s a lot easier than you might think to void those warranties… Avoid costly repai...
15 April 2020
AC Blog
Sean McCutcheon’s Air Conditioning and Heating is proud to have been chosen one of the 2020 Best of SRQ Local by the readers SRQ Magazine.