Tax Credits and Rebates

Federal Tax Credits for HVAC

Under the Inflation Reduction Act of 2022, federal income tax credits for energy efficiency home improvements will be available through 2032. A broad selection of ENERGY STAR certified equipment is eligible for the tax credits. Taking advantage of tax credits, along with any available rebates, is a good way to help make the transition to a clean energy future more affordable.

Heat Pumps

Tax Credit:  30% of project cost up to $2,000
Expires:  December 31, 2032
Details:  This tax credit is effective for products purchased and installed between January 1, 2023 and December 31, 2032.

In general, all ducted heat pumps that have earned the ENERGY STAR label are eligible, as well as certified mini-split systems (non-ducted) with:

Requirements	HSPF2	EER2	SEER2
Ducted System (Trane)	>=7.8	>=11.7	>=15.2
Mini Splits	>=9.5	>=9	>=16

Contact Burgess Heating & Air to confirm eligibility

Central Air Conditioners

Tax Credit:  30% of project cost up to $600
Expires:  December 31, 2032
Details:  This tax credit is effective for products purchased and installed between January 1, 2023 and December 31, 2032.

In general, all ducted heat pumps that have earned the ENERGY STAR label are eligible, as well as certified mini-split systems (non-ducted) with:

Requirements	SEER2
Split System (Trane)	>=15.2
Packaged Systems	All ENERGY STAR Certified

Contact Burgess Heating & Air

For additional information including customer requirements and/or to sign up, visit Energy Star. Clean heating and cooling.

Manufacturer Rebates

Many manufacturers offer rebates to promote their products during the year.

There are no manufacturer rebates available at this time.

Utility Rebates

Many utility companies offer rebates to encourage homeowners to install high efficiency heat pump systems. The rebates vary depending on the existing system and the efficiency of the replacement system.

Duke Energy

Period: Expired Ongoing

Duke Energy rebates are applied for by the licensed contractor. The rebate will be credited to your electric bill. This usually takes 2-3 billing cycles.

Single Family Homes

Existing System	Replacement System	SEER	HSPF	SEER2	HSPF2	Rebate
Straight Cool	Heat Pump	16	8.8			$300
Straight Cool	Heat Pump			15.2	7.5	$300
Straight Cool	Heat Pump	16	8.8			$150
Straight Cool	Heat Pump			15.2	7.5	$150
Straight Cool	Heat Pump	16		15.2		$100

For additional information including customer requirements and/or to sign up, visit Duke Energy Rebates

TECO

Expires: Ongoing

TECO rebates are applied for and paid to the licensed contractor. The amount of the rebate is deducted from the invoice total at the time of purchase.