The Federal Energy Tax Credit in effect for the balance of 2010 is the best use of dollars in the entire stimulus package. With over 1/2 of your energy expense going toward heating and cooling your home, this incentive to upgrade your old, inefficient comfort system will have an immediate effect on energy usage which can mean up to $100’s of dollars in savings. Many Minnesotans are realizing 30 – 40% and even more savings by replacing their old furnaces with new multi-stage furnaces with energy efficient ECM blower motors. Studies show that over 60% of furnaces are over 10 years old and our experience has shown that over 80% of furnaces 10 years and older are oversized and waste precious energy.
If your furnace is over 10 years old , I strongly recommend you replace it before the end of 2010 to take advantage of this tax credit.