Tax break for select Lennox equipment. In February
2009, The American Recovery and Reinvestment Act expands tax credits to
homeowners for energy-efficient appliances and improvements. As a
four-time winner of the ENERGY STAR® Manufacturing Partner of the Year
award—and the first and only winner in the heating and cooling
industry—Lennox offers a complete selection of high-efficiency home
comfort systems that are eligible for tax credits under the new plan.
If
you are a Canadian resident, a 15% Home Renovation Tax Credit (HRTC)
may be claimed on high-efficiency furnace purchases of more than
$1,000. If you purchase a SunSource™ Comfort System, you may also be
eligible for financial incentives under the ecoENERGY Renewable Heat
Program.
Qualifying Heating and Cooling Products from Lennox
Note: Units must be installed between January 1, 2009 and December 31, 2010 to be eligible for tax credits.
Tax credits are available at up to 30% of the cost of purchase and installation, up to $1,500,* for:
* Furnaces such as the G71MPP with energy ratings of at least 95% AFUE
* Air conditioners such as the XC14 with energy ratings of 16.00 SEER and 13.00 EER or higher
* Heat pumps
such as the XPG15 with energy ratings of 15.00 SEER, 12.50 EER and 8.50
HSPF or higher; this includes the XPG20 SunSource Comfort System™
central heat pump unit*
* Boilers such as the high-efficiency GWB9-IH with 90% AFUE
* Packaged systems such as the 15GCSX with energy ratings of 14.00 SEER, 12.00 EER, and 8.00 HSPF or higher
Tax credits are available at up to 30% of the cost, with no upper limit, for:
*
Photovoltaic energy installations such as the solar panel required to
operate the SunSource® Comfort System central heat pump. An affordable
alternative to a full-house solar system, SunSource is a
first-of-its-kind system that uses renewable solar energy to reduce
both your home electric usage and your utility costs.
Tax credits are available at up to 9% of the installed cost, up to $1,500, for:
*
Furnaces such as the G60V that do not qualify per AFUE rating but that
incorporate an advanced main air circulating fan that uses no more than
2% of the furnace’s total energy
Please consult your tax expert on any tax credit to which you may be entitled.
Please
note that not all ENERGY STAR products will qualify for a tax credit.
For full details on tax credits available for home heating and cooling
systems, visit energystar.gov.
* Tax credit calculation for the SunSource heat pump unit excludes cost of the solar installation component.
