For many households, there always seems to be a lengthy list of home improvement projects that they would like to complete or new ideas they’d like to try. While a handful may not be necessary, furnace replacement is an example of a task that might be key to keeping your home comfortable throughout the winter months in Pocatello.

Selecting a new furnace is a big investment. You’ll absolutely recognize the return-on-investment on your indoor comfort as well as your energy costs, but it may be a little intimidating at first. The good news is that when you purchase a new energy-efficient furnace, you might 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 get the tax credit, you are required to purchase 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 shopping for furnace replacements, keep an eye out for products with the ENERGY STAR rating so you can be confident you’re picking a high-efficiency furnace.

At Vogts Heating & Air, the experts will help you choose an option that meets your needs and ensures you qualify for this tax credit. While ENERGY STAR products designate high efficiency, it’s important to confirm the furnace you choose 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 won’t be the only savings you’ll receive when you buy a new high-efficiency furnace. A lot of the most efficient products can save you hundreds of dollars on your energy bills throughout the year. And your household will also have higher confidence in your HVAC system to maintain your indoor space at just the right temp.

If you think of questions about your eligibility for a tax credit, or if there are further local savings you could be eligible for by buying a new high-efficiency furnace, give our technicians at Vogts Heating & Air a call at 208-621-0129. You can also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.