How Energy-Efficient HVAC Systems Can Save You Money
Many people rely on air conditioning to stay comfortable during the warm, humid summers in the Northwest Chicago area. The cold winters require a reliable heating source. Because heating and air conditioning account for approximately half of the energy used in U.S. homes, it makes sense to purchase energy-efficient heating, ventilation and air conditioning equipment. You save on energy costs and use less energy to stay comfortable.
The Inflation Reduction Act of 2022 implements tax credits between 2022 and 2032 for installing energy-saving heat pumps, furnaces and other qualifying HVAC equipment. Illinois offers tax credits, rebates and other incentives to reduce energy use and save money on equipment and utility costs. You stay comfortable, spend less and reduce demand.
Save on Energy Costs
Installing energy-efficient HVAC systems and implementing other energy-saving measures can reduce household energy usage by as much as 50%. Look for the Energy Star rating to see how much energy the system uses. Air conditioners are rated by seasonal energy efficiency ratio, or SEER. Heat pumps are rated by heating season performance factor, or HSPF, for heating and SEER for cooling. Furnace efficiency ratings are expressed as annual fuel utilization efficiency, or AFUE. The higher the number, the more efficient the system is.
Save With Tax Credits and Rebates
The Inflation Reduction Act of 2022 implements tax credits for qualifying energy-efficient HVAC systems and other appliances. You can claim up to 30% of the cost of a geothermal or air source heat pump up to $2,000 per tax year. Tax credits of up to $600 per year are applied to qualifying HVAC systems. Other heating and cooling equipment, including solar installations, furnaces, batteries, fuel cells and wind turbines, also qualify. Augment savings with rebates and incentives from local Illinois utilities, municipalities and state agencies for installing heat pumps and other energy-saving equipment.
Universal HVAC Group, Inc. can help you select energy-efficient HVAC systems that work with your budget and lifestyle. We often recommend Bryant equipment because of its dependability and excellent performance. Our professional installation services ensure you get the best performance possible from your new installation. We guarantee our work with a 100% customer satisfaction guarantee. We offer commercial and residential services, including new installations, repairs and scheduled maintenance.
Call Universal HVAC Group, Inc. today to find out more about reducing energy usage and saving money on utility bills while maintaining indoor comfort in your home or business.