New Federal Tax Credits Make Replacing Your Furnace Easier

replacing your furnace and saving money

Updated Energy Federal Tax Credits Make Replacing Your Furnace a Win-Win

We may not have to suffer through extreme wintry weather here in Lubbock, Texas, but we do feel the cold when the temperatures drop every January. Snow and ice are also not out of the question. 

If you have been limping along with a furnace that is outdated and inefficient due to budget concerns, Armstrong Plumbing, Air & Electric has good news to share with you. The President recently signed the Inflation Reduction Act, which not only extends and increases some federal tax credits already in place but also expands the tax credits to include many other energy saving home improvements. If your household income meets specific criteria, you may even qualify for the maximum benefits of several thousand dollars!

Furnace replacements are usually needed when it is least convenient or when budgets are least able to handle the added financial burden. The 2023 federal tax credits provide a good opportunity to take advantage of the economic benefits you can enjoy now with a furnace replacement from the professionals at Armstrong. Add in Armstrong’s special financing options with approved credit, and a new furnace may be more affordable than you think.

Don’t worry if your heating system includes a heat pump, the tax credits include rebates for heat pump replacements, too. Whatever your heating system needs, Armstrong has the necessary products to keep your family comfortable and safe this winter and all year long. 

Are the Tax Credits Really That Important?

For qualifying homeowners, the revised tax credits could mean the difference between suffering through another season with high energy bills and discomfort and having an efficient, cost-saving heating system. A furnace replacement purchased with these federal incentives will also allow you to achieve a quicker return on your investment. You will save money on utility costs and receive a rebate for doing so. 

Contact Armstrong today to schedule an appointment with one of our knowledgeable Home Comfort Experts (HCE). Your current home comfort system will be assessed in addition to the size and layout of your home. You will also be asked about your concerns and expected outcomes with a new system. Once the information has been gathered, options will be provided enabling you to choose the one that best meets your needs and budget.  

To learn more about how these cost saving tax credits can allow you to schedule a furnace replacement, call Armstrong Plumbing, Air & Electric today.