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 service 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 in Florida 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 air conditioning rebate, you may need to meet requirements, such as:
- Purchasing Energy Efficient Equipment
- Installing a New System
- Installing in a Single Family Home
- Hiring a Participating Contractor
Purchase Energy Efficient Equipment
Rebate programs will have requirements for the SEER Rating of the new equipment. SEER stands for Seasonal Energy Efficiency Ratio. Most programs require a minimum SEER rating of 16 or 17.
Install New Equipment
Usually, a rebate is contingent on installing a completely new system including both indoor and outdoor units. There may be qualifications about what kind of system like an air cooled AC system with no separate heating cycle.
Install in Single Family Home
Different rebates will be designed for different consumers. Some are designed for commercial buildings. Residential rebates may include single family and multi-family units or be exclusive to single family units.
Hire a Participating Contractor
After you find a rebate, you will need to contact your HVAC technician to find out if they are an independent contractor who is participating in the program.
Check the Availability
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.