Air Conditioning Repair and Heating Repair for Flowermound, Lewisville, Highland Village, and the surrounding area.

Install high-efficiency products or make home efficiency improvements.

You may receive up to a cumulative $1,500 or 30% of the installed costs of qualifying heating and cooling improvements during a two year incentive term. The credit's term ends Decemeber 31, 2010. All previous caps on the credits have been removed. Consumers who previously claimed the tax credits in previous years, may still claim the 30% credit included in theis Act. Geothermal products are not capped at $1,500 but may receive the full 30%. Geothermal products have a longer credit term which expires December 31, 2016. For more on the specifics of the tax credit click here.

Improvements that Qualify:

Qualifying improvements include energy-saving heating & cooling equipment, indoor air quality components, boilers, water heaters, windows, doors, skylights, roofing, insulation, and solar devices. Energy-efficiency limits for improvements are detailed below. The full $1,500 tax credit can be applied to a single purchase or a combination of appliances or energy improvements.

How to get the credit:

Use the IRS Form 5695 to file for the credit. It is strongly recommended that you consult with a qualified CPA and keep all records and receipts of purchases.

Limitations of the credit:

The tax credit is only available on the taxpayer's primary residence and can only be claimed on their personal income taxes.

Equipment Type	Effective Date	SEER	EER	HSPF
Split System Air Conditioner	Jan 1, 2006	15 or higher	12.5 or higher	N/A
	Jan 1, 2009	16 or higher	13 or higher	N/A
Split System Air Source Heat Pump	Jan 1, 2006	15 or higher	12.5 or higher	8.5 or higher
	Jan 1, 2009	15 or higher	12.5 or higher	8.5 or higher
Packaged Air Conditioner	Jan 1, 2006	14 or higher	12 or higher	N/A
	Jan 1, 2009	14 or higher	12 or higher	N/A
Packaged Air Source Heat Pump	Jan 1, 2006	14 or higher	12 or higher	8 or higher
	Jan 1, 2009	14 or higher	12 or higher	8 or higher

Sources: 26 USC 25C as amended by EESA http://www.cee1.org/resid/rs-ac/rs-ac-tax-credits.php3 Information contained herein may be inaccurate and is subject to change. Service Experts is not responsible for the accuracy of the information presented