Minnesota Heating and Air Conditioning is a participating contractor that sells and installs Energy Star compliant, high efficiency furnaces, hybrid and cooling systems that qualify for the Stimulus Package Federal Tax Credit program.
As part of an effort to reduce dependence on foreign sources of energy, the American Recovery and Reinvestment Act of 2009 provides a tax credit to help offset the costs of making energy efficiency improvements to your home. Some key details of the program are as follows: The tax credits apply to a variety of products (including installation costs) such as high efficiency heating and cooling systems and more. The amount of the credit is equal to 30% of the installed cost of the qualifying products up to a total of $1,500.00 If a qualifying tax credit does not total $1,500.00, the remaining credit amount can be banked and earned at a later time with a separate qualifying purchase or purchases.