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Tax Credit Consulting: Energy Efficient Air Conditioners Leawood KS

The government often tries to influence our behavior through taxes. The tax credit for new installation of air conditioning systems that are energy efficient is one example.

Frank A. Caro Jr.
(913) 234-7409
6201 College Boulevard, Suite 500
Overland Park, KS
Specialties
Administrative Law, Energy, Insurance, Telecommunications
Education
Assumption College,Washburn University
State Licensing
Kansas

Brandon L. Kane
(913) 234-7457
6201 College Blvd., Suite 500
Overland Park, KS
Specialties
Energy, Corporate, Telecommunications
Education
University of Kansas School of Law,University of Kansas,University of Kansas
State Licensing
Kansas, Missouri

David James Haydon
(816) 460-1825
9712 Mohawk Lane
Leawood, KS
Specialties
Mergers & Acquisitions, Corporate, Business, Energy
Education
University of Virginia School of Law,University of Kansas
State Licensing
Kansas

Michael Dillon Hockley
(816) 292-8233
1000 Walnut, Suite 1400
Kansas City, MO
Specialties
Environmental, Federal Regulation, Energy, Litigation
Education
University of Nebraska School of Law,United States Military Academy,United States Military Academy
State Licensing
Kansas, Missouri, Nebraska

Michael D. Herd
(316) 631-3148
8621 East 21st Street North, Suite 200
Wichita, KS
Specialties
Aviation, Energy, Real Estate, Corporate, Mergers & Acquisitions, Probate
Education
Washburn University School of Law,Westminster College
State Licensing
Kansas

Anne E. Callenbach
(913) 234-7449
6201 College Boulevard, Suite 500
Overland Park, KS
Specialties
Administrative Law, Energy, Insurance, Telecommunications
Education
Washburn University School of Law,Missouri State University
State Licensing
Kansas

John D. Peterson
(913) 234-7405
6201 College Boulevard, Suite 500
Overland Park, KS
Specialties
Administrative Law, Real Estate, Energy, Telecommunications, Land Use & Zoning
Education
Washburn University School of Law,Washburn University
State Licensing
Kansas

Robert Kent Green
(816) 983-8121
Ste 1000, 4801 Main St.
Kansas City, MO
Specialties
Energy, Mergers & Acquisitions, Commercial
State Licensing
Missouri

Jeffrey Scott Pohl
(316) 631-3152
8621 East 21st Street North, Suite 200
Wichita, KS
Specialties
Bankruptcy, Mergers & Acquisitions, Business, Real Estate, Energy, Family
Education
Washburn University School of Law,University of Kansas
State Licensing
Kansas

John C Chappell
(785) 841-2110
932 Massachusetts Street P.O. Box 602
Lawrence, KS
Specialties
Energy, Real Estate, Family, Estate Planning, Litigation
Education
University of Kansas School of Law,University of Kansas
State Licensing
Kansas

Tax Credit Consulting: Energy Efficient Air Conditioners

Tax Credit for New Installation of Air Conditioning

The government often tries to influence our behavior through taxes. The tax credit for new installation of air conditioning systems that are energy efficient is one example.

As part of the provisions in the Energy Policy Act 2005, homeowners are entitled to claim tax credits on use of a few energy saving items. They include installation of energy saving windows, doors, roofing, furnace and boiler, water heater and air conditioner. As energy becomes scarcer by the day, it is essential to conserve as much energy as possible. The government, by way of giving tax credits, also encourages using alternate sources of energy.

New installation of energy efficient air conditioning systems is one of the items that qualify for tax credit. Individuals who install this type of air conditioner are eligible for a tax credit of up to $300. The models that qualify are obviously costlier than the ordinary ones. However, this calculation would show that it is advisable to install a new energy saving air conditioner. Even if you save just $10 a month on average by way of electricity bills it comes to $120 for a year. Add to that the tax credit of $300, your net saving is $420. This amount should be good enough to prod a homeowner into buying an energy efficient air-conditioner.

Of course, not all air conditioners are eligible for a tax credit. Even, not all Energy Star air conditioners qualify, only some do. Very efficient central air conditioners qualify for the tax credit if they meet the following criteria:

• The Energy Efficiency Ratio has to be 13.0 or higher (in some states its 12.5).
• Certified technician needs to install the equipment.
• The Seasonal Energy Efficiency Ratio (SEER) has to be 15.

SEER measures performance throughout the season and EER measures performance on a very hot day. Central Air conditioning systems must meet the standards set by the Consortium of Energy Efficiency (CEE). The specificat...

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