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Tax Credit Consulting: Energy Efficient Air Conditioners Salem OR

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.

Amber E Rees
(503) 284-2685
1125 NW Couch Ste 700
Portland, OR
 
Barbara D Craig
(503) 294-9166
900 Sw 5th Ave Ste 2600
Portland, OR
Specialties
Energy, Environmental
Education
Lewis & Clark Northwestern Law School,Oregon State University
State Licensing
Oregon, Washington

Arden E Shenker
(503) 294-1118
1500 SW 1ST AVE STE 630
PORTLAND, OR
Specialties
Litigation, Environmental, Energy
Education
Yale Law School,Stanford University
State Licensing
Oregon

J Mack Shively
(503) 274-7402
PacWest Center Ste 2330, 1211 SW 5th Ave
Portland, OR
Specialties
Corporate, Energy, Estate Planning, Tax, LLC, Trusts, Wills
Education
Lewis & Clark Northwestern Law School,New York University School of Law,Washington State University,
State Licensing
Oregon

Randall B Bateman
(503) 972-9930
888 Sw 5th Ave Ste 1250
Portland, OR
Specialties
Business, Real Estate, Energy, LLC
State Licensing
Oregon, Washington

Edward A Bernhard
(503) 778-5225
1300 SW Fifth Avenue, Suite 2300
Portland, OR
Specialties
Business, Investment Fraud, Energy
Education
Willamette University College of Law,Princeton University
State Licensing
Oregon

Jerry R Fish
(503) 294-9620
900 SW 5TH AVE STE 2600
PORTLAND, OR
Specialties
Energy, Environmental
Education
Lewis & Clark Northwestern Law School ,Princeton University,University of Chicago
State Licensing
Oregon, Washington

David E Filippi
(503) 294-9529
900 SW 5TH AVE STE 2600
PORTLAND, OR
Specialties
Environmental, Real Estate, Land Use & Zoning, Energy
Education
Lewis & Clark Northwestern Law School , Kansas State University,Kansas State University
State Licensing
Oregon

Jonathan A Ater
(503) 226-8471
222 SW COLUMBIA ST STE 1800
PORTLAND, OR
Specialties
Business, Energy, Lawsuits & Disputes, Health Care, Venture Capital
Education
Yale Law School,Yale University
State Licensing
Oregon

Pamela L Jacklin
(503) 294-9406
900 SW 5TH AVE STE 2600
PORTLAND, OR
Specialties
Employment, Energy
Education
University of Idaho,Wesleyan University,Fletcher School of Law and Diplomacy
State Licensing
Oregon

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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