Gas and Oil Home Heating Furnaces - Stimulus raised tax credit to 30% of the cost of a new 95% efficency furnace.
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David_pctech
02-18-09, 07:08 PM
Federal Tax Credits for Energy Efficiency : ENERGY STAR (http://www.energystar.gov/index.cfm?c=products.pr_tax_credits)
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MechanicalMan20
02-22-09, 01:37 AM
David,
I don't think you have to purchase a 95% efficiency furnace in order to receive the 30% tax credit. If you can get the credit on an 85% or 90% efficient furnace, that makes sense as the cost of those units is dramatically lower than for 95% efficiency.
I saw you had visited the insulation forum, did you calculate the heat losses for your home using the calculator? That's the place to start to wind up with the best results in terms of efficiencies and maximizing the benefits of spending your money.
:D
I don't think you have to purchase a 95% efficiency furnace in order to receive the 30% tax credit. If you can get the credit on an 85% or 90% efficient furnace, that makes sense as the cost of those units is dramatically lower than for 95% efficiency.
I saw you had visited the insulation forum, did you calculate the heat losses for your home using the calculator? That's the place to start to wind up with the best results in terms of efficiencies and maximizing the benefits of spending your money.
:D
David_pctech
02-22-09, 05:15 AM
No, the stimulus bill explicitly states you have to purchase a 95% or greater furnace to qualify to get a tax credit of 30% of the cost of a furnace, up to $1500.00.
%30 of a $4,000 95% efficiency furnace drops it down to almost the cost of an 80% efficiency furnace....
%30 of a $4,000 95% efficiency furnace drops it down to almost the cost of an 80% efficiency furnace....
SeattlePioneer
02-22-09, 08:40 AM
If our political lords and master wanted to save natural gas they would quit blocking the construction of nuclear power plants.
David_pctech
02-22-09, 06:07 PM
If our political lords and master wanted to save natural gas they would quit blocking the construction of nuclear power plants.
Tell your local congressman that you want one built in your back yard.
Tell your local congressman that you want one built in your back yard.
SeattlePioneer
02-22-09, 06:58 PM
Shucks, I already live in a flood zone for tsunamis generated by landslides into Puget sound and on lahars from ice and mudslides from Mt Rainier, fifty miles away. Could be inundated by ashfall during the next eruption, too, if the wind is in the right direction.
So the minor risk from a nuclear power plant is pretty much insignificant compared to the lead pipe cinch that those other events will recur. Earthquakes, too --- pretty much bound to be wiped out by one of those sooner or later.
Asteroids. Comets. All manner of potential risks.
I suppose you live in an area free of hazards?
So the minor risk from a nuclear power plant is pretty much insignificant compared to the lead pipe cinch that those other events will recur. Earthquakes, too --- pretty much bound to be wiped out by one of those sooner or later.
Asteroids. Comets. All manner of potential risks.
I suppose you live in an area free of hazards?