A/C Repairs Inc.
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Residential Energy Credits
Residential Energy Tax Credits
Equipment Tax Credits for Primary Residences
UPDATED JANUARY 2021: The Non-Business Energy Property Tax Credits have been retroactively extended from 12/31/2017 through 12/31/2021.
If you installed a qualifying Energy Star rated air conditioner, heat pump or gas furnace in your primary residence, you may qualify for federal tax credits.
*Check with a certified tax professional to verify your qualifications.
Qualifying hardware must meet the following requirements:
HSPF = Heating Seasonal Performance Factor
EER = Energy Efficiency Ratio
SEER = Seasonal Energy Efficiency Ratio
AFUE = Annual Fuel Utilization Efficiency
Important: If your equipment has the QUALIFIED ONLY IN US SOUTH label, it does NOT qualify for the tax credit.
Note that A/C Repairs Inc. does NOT currently sell this QUALIFIED ONLY lesser Energy Star rated equipment so if you’ve recently purchased from us, your equipment should qualify as long as it meets the requirements below.
Air Source Heat Pumps: Tax Credit $300
Split Systems
HSPF >= 8.5
EER >= 12.5
SEER >= 15
Package systems
HSPF >= 8
EER >= 12
SEER >= 14
Central Air Conditioners: Tax Credit $300
Split Systems
SEER >= 16
EER >= 13
Package systems
SEER >= 14
EER >= 12
Gas Furnaces: Tax credit: $150
AFUE >= 95
How to apply
Tax credits are administered by the IRS. Claim the credit using the form below and submitting it with your tax returns to the IRS.
- Form 5695 Instructions: https://www.irs.gov/pub/irs-pdf/i5695.pdf
- Form 5695: https://www.irs.gov/pub/irs-pdf/f5695.pdf
For questions, contact the IRS:
- www.irs.gov/contact
- 1-800-829-1040