The initial thought of purchasing an entirely new HVAC system can be daunting; however, it’s a part of owning a home that everyone at some point or another must deal with. The good news is that there are many substantial reasons why buying a new system can actually be a really beneficial thing, not the money-draining duty that people tend to think of it as.

Following are five of the many ways that buying a new HVAC system can save homeowners money:

1. Federal and State Tax Credits

When a homeowner buys a new HVAC system, they usually will qualify for significant rebates and tax credits as a result. Specifically, in California, you can get a furnace tax credit by purchasing a high-efficiency furnace or HVAC system.

This would qualify you for the Energy Upgrade California Home Upgrade program as well, which would offer you anywhere from between $1,000 and $6,500 as a reward for taking a whole-house approach to energy efficiency.

In addition, Energy Star-certified central air conditioners and heat pumps qualify for a $300 tax credit, saving you even more money. For qualified HVAC improvements, you might also be able to claim 25c tax credits equal to 10% of the cost of installation, up to a maximum of $500.

2. State Rebates and Incentives

In addition to tax credits and tax breaks, California has many rebate programs for energy efficiency, as well. These rebate programs focus on energy efficiency for both commercial and residential units. Energy efficiency includes more than just HVAC; it also includes solar, insulation, window and door replacement, and other energy-saving improvements. Some of these programs include:

  • The California Solar Initiative (CSI)
  • Expected Performance-Based Buydown (EPBB)
  • The Performance-Based Incentive (PBI)
  • PG&E Residential Energy Efficiency Rebate Programs
  • The SCE Residential Energy Efficiency Rebate Program

This is only a partial list of available rebate programs; for more information about rebates you specifically may qualify for, reach out to A-1 Guaranteed Heating & Air, Inc.

3. Manufacturer Discounts and/or Rebates

In addition to these rebates and incentives, the manufacturers of different HVAC system components often also offer money-saving rebates of their own. These can save homeowners significant amounts of money right off the bat on their purchase.

Each manufacturer offers different discounts, incentives, and rebates, and all have different terms, as well. Some manufacturers don’t offer any special savings, and others do for just a limited time. Be sure to check with your HVAC service provider about special savings that may be available to you.

4. Special Deals, Savings, and Discounts

Some of the best HVAC companies in the Bay Area offer various discounts and opportunities for savings to their customers and have worked out deals for these discounts with the manufacturers of various pieces of equipment.

You might be able to take a certain dollar amount off the purchase price, you might be able to take advantage of discounted installation or labor charges, or you might qualify for other special savings and discounts like a GoGreen Loan or Eco-Friendly Loan.

A-1 Guaranteed Heating & Air, Inc. also offers a variety of financing options for customers to pay over a period of time for HVAC equipment purchases. In addition, we also offer a senior and military discount of 5%.

5. Savings on Repair Costs and Energy Bills

According to the United States Department of Energy, households can save up to 40% on their HVAC costs by upgrading their systems to newer, more energy-efficient ones. When air conditioners and furnaces are not operating at their peak efficiencies, they require more energy to warm and cool a home – and that means more money, too.

Not only that, but old and inefficient systems require more maintenance and repairs than new systems, which can also add up to big money spent that could be otherwise kept in the homeowner’s pockets with a new system.

If you’re interested in saving money and reducing your carbon footprint with the purchase of a new HVAC system or component, contact the experts at A-1 Guaranteed Heating & Air, Inc. today. We serve customers in Vallejo, Solano, Napa, and Contra Costa counties, Vacaville, Fairfield, and the entire Bay Area.