The average life expectancy of a furnace is 10 to 15 years. For homeowners who have heating systems that are 10 years or older, now is the time to invest in a high efficiency heating system and reap the savings, in the form of tax credits, before they expire.
The 2009 Federal Stimulus Package stipulated that homeowners could get tax credits of 30 percent (up to $1,500) on the installed cost for purchasing qualifying energy-efficient systems through December 31, 2010. The tax credits apply to high efficiency gas, propane and oil furnaces and boilers.
Homeowners who install a high efficiency heating system and take advantage of the tax credits before they expire will pay up to $1,500 LESS for their system AND see an immediate and significant reduction in their heating bills.
With today’s advanced technologies, homeowners can obtain savings of up to 40 percent on their heating bills with the unsurpassed quality and comfort of an energy efficient furnace.