Bradenton Rebates & Tax Credits
Incentives for New Equipment Installation
There are several advantages to replacing old equipment with a new air conditioning system. Although a new unit is a big investment, you will enjoy significant savings on home cooling costs when you buy an energy efficient air conditioner. Additionally, rebates and tax incentives are available and The Surfin’ Plumbers, Heating & Cooling can help you find equipment that qualifies for these incentives. Our Bradenton air conditioning experts can answer your questions.
Looking for information about savings for new equipment? Call (941) 757-8282 to learn more.
The Difference Between Rebates & Tax Credits
If you are confused about rebates vs. tax credits, you are not alone. This is often confusing to our customers, but the difference is relatively easy to understand. A rebate provides cash back to you on the purchase of a qualifying home cooling system. A tax credit is a deduction that you take on your annual tax return. While this does not give you cash immediately, it will reduce your tax liability and either require you to pay less in taxes or increase the size of your income tax refund.
Where to Find Incentives
Rebates and tax credits are available from a variety of sources. This may include the federal government, state and local government entities, and even your utility company. Several utility companies in Florida offer rebates for the purchase of energy-efficient air conditioning systems. The amount of the rebate varies, depending on the company.
In order to qualify for a utility rebate, you may need to meet requirements, such as:
- Purchasing equipment with a minimum SEER rating for energy efficiency
- Installing a completely new system, including both indoor and outdoor units
- Requirements that the equipment is installed in a single family home
- The use of a participating contractor
The availability of rebates and tax credits may change from year to year. In some cases, certain tax credits and incentives may only be available for a specific period of time or certain years. The amount of rebates may also change over time. Let the air conditioning service team at The Surfin’ Plumbers, Heating & Cooling answer your questions and advise you about current incentives.
Get in touch with us at (941) 757-8282 to learn more about incentives for new equipment.