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Tax Credit Consulting: Energy Efficient Air Conditioners Riverdale GA

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.

Gregory Alan Sanderson
(770) 953-1310
285 PEACHTREE CENTER AVE NE MARQUIS TWO TOWER
ATLANTA, GA
Specialties
Energy, Tax
Education
Lambuth College,University of Denver,University of Tennessee, Knoxville (main)
State Licensing
Georgia

Thomas Lewis Penland Jr.
(404) 962-3550
30 Ivan Allen Jr. Blvd., N.W., Suite 700
Atlanta, GA
Specialties
Energy, Commercial, Litigation
Education
George Washington University
State Licensing
Georgia

Natalie Marie Christensen
(404) 962-3592
30 Ivan Allen Jr. Blvd., N.W., Suite 700
Atlanta, GA
Specialties
Real Estate, Litigation, Energy
Education
Emory University
State Licensing
Georgia

Richard L. Adams
600 PEACHTREE ST NE STE 4100
ATLANTA, GA
Specialties
Federal Regulation, Antitrust, Appeals, Energy, Environmental
Education
Southeast Missouri State University,University of Missouri, Columbia
State Licensing
Georgia

William Bradley Carver
(404) 954-6967
1180 W PEACHTREE ST NW STE 900
ATLANTA, GA
Specialties
Business, Litigation, Government, Environmental, Energy
Education
Duke University,University of Georgia, Athens
State Licensing
Georgia

Stacey Machele Jenkins
(404) 242-8839
P.O. Box 725042
Atlanta, GA
 
Jesse H. Austin III
(404) 815-2208
600 PEACHTREE ST NE
ATLANTA, GA
Specialties
Bankruptcy, Litigation, Corporate, Energy, Financial Markets And Services
Education
Emory University School of Law,Emory University,University of North Carolina, Chapel Hill
State Licensing
Georgia

Kevin Conboy
(404) 815-2211
600 PEACHTREE ST NE
ATLANTA, GA
Specialties
Securities Offerings, Financial Markets And Services, Bankruptcy, Corporate, Energy
Education
University of Georgia School of Law,LeMoyne College
State Licensing
Georgia

Peter H. Dean
(212) 389-5064
1100 PEACHTREE ST NE
ATLANTA, GA
Specialties
Energy, Environmental, Corporate, Aviation, Litigation
Education
Cambridge University,Barrister, The Honorable Society of Lincoln's Inn
State Licensing
Georgia

Reginald J. Clark
(404) 853-8032
1100 PEACHTREE ST NE
ATLANTA, GA
Specialties
Tax, Energy, Environmental, Commercial, Corporate
Education
Duke University School of Law,,Duke University
State Licensing
Georgia

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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