Residential Renewable Energy Tax Credit
In 2015, the U.S. government renewed the 25C tax credit for high-efficiency heating and cooling equipment installed between 2012-2016. This credit is offered as part of a larger energy-efficiency incentive for home improvements.
The residential renewable energy tax credit incentive provides up 30% on the cost and installation of most of the solar assisted comfort systems available at Charlotte Comfort Systems. The current incentives for installing solar plus the long term savings you’ll receive is well worth considering a solar assisted comfort system for your next home comfort purchase.
If you’d like to know more about the Federal Renewable Energy tax credit, visit- dsire.org
Smart $aver® Eligibility
Who Is Eligible for Rebates?
Incentives are paid for qualifying heat pumps or air conditioners installed on or after June 1, 2009 for Duke Energy Carolinas electric residential retail customers residing in a single-family home, condominium, duplex or mobile home. Incentives are paid after the qualified system is installed and operating.
If you have additional questions about the Smart $aver program, please call 1-866-785-6209
Piedmont Natural Gas Appliance Rebates
Did you know?
- Water heating accounts for approximately 15 percent of a home’s energy use
- A new high-efficiency furnace and cooling system can save you up to $1,200 per year in operating costs
Now is the time to cut the cost of heating water and your home by replacing your old inefficient water heater or furnace with a new high-efficiency one. Residential customers in North Carolina who replace existing natural gas equipment with qualifying high-efficiency natural gas equipment are eligible for up to a $300 rebate and may qualify for federal tax credits as well. This includes the following qualifying high-efficiency gas water heaters and furnaces.
Tax Credits for Consumer Energy Efficiency
The recent reinstatement of the 25C (Federal HVAC residential energy tax credits) further rewards homeowners for qualified HVAC systems and components purchased in 2012 and 2013. An eligible taxpayer (homeowner) may claim a tax credit for up 10% (up to $500) of installed costs of a variety of qualified energy efficient retrofit improvements to the HVAC system of their primary residence. While the total amount a homeowner may claim for all qualified measures is $500, the amount a homeowner may claim for each type of equipment installed is subject to individual caps.
Independent of the 25C Federal HVAC credits, homeowners can also take advantage of additional tax incentives to recoup a significant portion of the purchase cost for qualifying Solar Energy products.
Please note, not all ENERGY STAR qualified products qualify for a tax credit. ENERGY STAR distinguishes energy efficient products which, although they may cost more to purchase than standard models, will pay you back in lower energy bills within a reasonable amount of time, without a tax credit.