Things are more expensive than they ever have been, or at least it feels like that a lot of the time. Back in the day, you might have been able to get a powerful HVAC system for just a few hundred dollars, and run it on gas or electricity that cost a fraction of what it does today. But with higher demand on the power grid or gas grid, means higher prices to pay per month. And systems aren’t cheap today either.
So, what’s the good news? There are some amazing industry shifts happening right now that we urge our customers to examine in detail and take advantage of. Renewable energy is becoming more affordable and efficient, and high-efficiency HVAC systems like heat pumps are becoming more popular and affordable. And to balance it all out, tax credits and rebates could knock a lot off the price of a new heating installation in Walnut Creek.
Keep reading to learn more.
Finding Tax Credits and Rebates in California
In California, upgrading to a high-efficiency HVAC system not only improves energy efficiency and home comfort, but it can also lead to substantial savings through tax credits and rebates. As the state continues to push for greener energy solutions and reduced carbon emissions, both state and federal programs offer financial incentives for homeowners to make energy-efficient upgrades.
In 2025, work with our team to get the most of tax credits, rebates, and our promotions to save up to $5,100. Depending on your income and your unique situation, you might qualify for a substantial amount of money back, so make sure you have a team of licensed technicians to help you make the right choice.
Federal Tax Credits
One of the main incentives available in 2024 is the federal Energy Efficient Home Improvement Credit, part of the Inflation Reduction Act. Homeowners who install high-efficiency HVAC systems, such as heat pumps, can claim a tax credit of up to 30% of the installation cost, with a maximum annual cap of $2,000 for heat pumps. Other energy-efficient equipment, like furnaces and air conditioners, also qualify, albeit with lower credit amounts. This credit can be claimed when filing federal income taxes, reducing the overall cost of the system.
California Rebates
California residents can benefit from several rebate programs through local utility companies and state initiatives. The California Public Utilities Commission offers rebates for high-efficiency HVAC systems under the Energy Upgrade California program. Rebates can range from $500 to $3,000, depending on the type of system installed and its efficiency rating. These programs often require pre-approval, so it’s essential to check the eligibility criteria beforehand.
Additionally, homeowners can qualify for rebates from individual utility providers which offer incentives for energy-efficient heating and cooling systems. These rebates vary by region and the specific equipment installed.
By taking advantage of these programs, California homeowners can reduce their initial investment and enjoy long-term energy savings.
Schedule an appointment with Comfy Heating & Air Conditioning Inc. for comprehensive HVAC support and to take advantage of savings opportunities.