What are the qualifying criteria for residential equipment to get these tax credits?
The revised criteria for qualifying residential HVAC equipment under Section 1121 of the ARRA legislation are as follows. 1. A natural gas, propane, or oil furnace rated at 95.0% AFUE or higher. 2. Any furnace equipped with an advanced main air circulating fan that uses no more than 2% of the total furnace total energy use. 3. A central air conditioner that achieves the highest efficiency tier established by the Consortium for Energy Efficiency as in effect on January 1, 2009 (which is 16 SEER or higher, 13 EER or higher rating). Previously, the criteria were 15 SEER, 12.5 EER which is no longer valid.
The revised criteria for qualifying residential HVAC equipment under Section 1121 of the ARRA legislation are as follows. 1. A natural gas, propane, or oil furnace rated at 95.0% AFUE or higher. 2. Any furnace equipped with an advanced main air circulating fan that uses no more than 2% of the total furnace total energy use. 3. A central air conditioner that achieves the highest efficiency tier established by the Consortium for Energy Efficiency as in effect on January 1, 2009 (which is 16 SEER or higher, 13 EER or higher rating). Previously, the criteria were 15 SEER, 12.5 EER which is no longer valid. 4. An electric air source heat pump that achieves the highest efficiency tier established by the Consortium for Energy Efficiency as in effect on January 1, 2009 (which is 15 SEER or higher, 12.5 EER or higher, 8.5 HSPF or higher rating). Previously, the criteria were 15 SEER, 13 EER, 9 HSPF as stated in the text of the legislation rather than being tied to the CEE highest efficiency tie