Tax Credits Available For New Furnace Buyers
Tax Credits Available For New Furnace Buyers Not letting hot air get lost up the chimney has its rewards. Many homeowners who are replacing their furnaces are choosing high-efficiency models to help combat rising heating costs. High-efficiency furnaces, however, can be more expensive in the short term than their standard-efficiency counterparts. To make the purchase of this and other high-efficiency appliances easier on the average household, Congress passed the Energy Policy Act of 2005, which provides tax credits for the purchase of high-efficiency furnaces. The new Energy Policy Act (EPACT) makes provisions for tax credits for qualified homeowners who install...