Upgrading to a new AC system is a significant investment for any homeowner, but there’s never been a better time to make the switch in the San Fernando Valley. With various rebates, federal tax credits, and utility incentives available, you can save thousands of dollars while upgrading to a more energy-efficient and environmentally friendly system. Let’s explore why now is the perfect time to invest in a new AC system for your home.
Take Advantage of Federal Tax Credits
One of the most compelling reasons to upgrade your HVAC system now is the federal heat pump tax credit. The Inflation Reduction Act, signed into law in 2022, significantly increased incentives for homeowners making eco-friendly upgrades. The heat pump tax credit is worth 30% of your installation costs up to $2,000. This substantial saving can significantly reduce the overall cost of your new HVAC system.
California Statewide Incentives
TECH Clean California Heat Pump Rebates
California is leading the charge in promoting energy-efficient home upgrades. The TECH Clean California program offers generous rebates for homeowners installing heat pumps. You can save $1,000 on a new heat pump AC system, with up to two incentivized systems per home for a total of $2,000 when replacing a gas appliance. Additionally, the program offers heat pump water heater rebates, potentially saving you up to $5,100 on space and water heating upgrades.
The Ideal Climate for Heat Pumps
Heat pumps are an excellent choice for the mostly warm, not-so-humid climate in most of California, including LA County and the San Fernando Valley. They provide efficient heating and cooling, ensuring your home stays comfortable year-round while reducing your energy consumption and carbon footprint.
How to Maximize Your Savings
To make the most of these incentives, consider the following tips:
- Check Eligibility: Ensure your new HVAC system meets the efficiency requirements for federal and state rebates.
- Hire a Qualified Contractor: Rebates often require installation by a certified professional.
- Stack Incentives: Combine federal, state, and local rebates to maximize your savings.
- Smart Thermostats: Consider upgrading to an ENERGY STAR® certified smart thermostat to save even more with up to a $75 instant rebate.
Contact MightyServ for Expert Guidance
Navigating the various incentives and rebates can be complex, but MightyServ is here to help. Contact us to see what incentives your home may qualify for and which systems are best suited for your needs. Visit our website to build an Instant HVAC Quote with our new online quote builder and take the first step toward a more comfortable and energy-efficient home.
