For many families, there always seems to be a lengthy list of home improvement tasks that they need to do or new ideas they’d like to try. While several may not be required, furnace replacement is a task that could be key to keeping your home comfortable throughout the cooler months in Holdrege.

Selecting a new furnace is a sizeable investment. You’ll certainly notice the return-on-investment on your indoor comfort along with your energy bills, but it may be a tad daunting at first. The good news is that when you buy a new energy-efficient furnace, you could be eligible for a federal tax credit.

According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were prolonged through December 31, 2020. In order to receive the tax credit, you must select a furnace that has earned the ENERGY STAR label. It cannot be a furnace that is labeled ENERGY STAR for “U.S. South Only.” When looking for furnace replacements, watch for products with the ENERGY STAR rating so you can be certain you’re choosing a high-efficiency furnace.

At Durable Service, our team can help you find a product that matches your needs and ensures you qualify for this tax credit. While ENERGY STAR products signify high efficiency, you will want to clarify that the furnace you pick has an Annual Fuel Utilization Efficiency (AFUE) greater than 95, in order to qualify for the tax credit. AFUE indicates the percent of heat produced for every dollar of fuel consumed.

Qualifying for the tax credit is not going to be the only savings you’ll find when you select a new high-efficiency furnace. A lot of the most efficient products can save you hundreds of dollars on your energy costs during the year. And your household will also have greater confidence in your HVAC system to keep your house at just the right temp.

If you have questions regarding your eligibility for a tax credit, or if there are further local savings you might be eligible for by buying a new high-efficiency furnace, give our professionals at Durable Service a call at 308-995-8177. You can also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.