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HVAC and Electrical Tax Incentives

Federal Tax Incentives

Tax Credits for Homeowners

As part of the Inflation Reduction Act of 2022, federal income tax credits are available for energy-efficient home improvements made through 2032. The maximum credit is $3,200 per year.

Annual Credit Limits

$1,200

For home envelope improvements including windows, doors, insulation, furnaces, boilers, and central AC.

$2,000

For heat pumps, heat pump water heaters, and biomass stoves/boilers on an annual basis.

Heating & Cooling

Upgrade your HVAC system with ENERGY STAR-certified equipment for significant savings.

Air Source Heat Pumps

(max $2000)
30%

Central Air Conditioners

(max $600)
30%

Boilers

(max $600)
30%

Biomass Fuel Stoves

(max $2000)
30%

Gas, Oil & Propane Furnaces

(max $600)
30%

Clean Energy

Move toward a clean energy future with solar, wind, and geothermal systems.

Geothermal Heat Pumps

(max Unlimited)
30%

Small Wind Turbines

(max Unlimited)
30%

Solar Energy Systems

(max Unlimited)
30%

Battery Storage Technology

(max Unlimited)
30%

Water Heating

Install an efficient water heating system for everyday savings and tax credits.

Heat Pump Water Heaters

(max $2000)
30%

Gas, Oil & Propane Water Heaters

(max $600)
30%

Electric Panel Upgrade

A new 200+ amp electrical panel enables greater energy efficiency throughout your home.

200+ Amp Panel Upgrade

(max $600)
30%

Home Energy Audit

Get a certified inspection to identify the most cost-effective energy improvements.

Certified Home Energy Audit

(max $150)
30%

Make Energy-Efficient Improvements Today

With outstanding federal tax credits for energy-efficient upgrades, now is the perfect time to complete those home improvement projects. Our experts will help you maximize your savings.
  • Free estimates on all installations

  • ENERGY STAR certified products

  • Licensed & insured technicians

  • Financing options available

  • schedule SERVICE today!

Check Out Some Local Projects Recently Completed in Your Area

TESTIMONIALS

Hear From Our Satisfied Customers

Britain Whitlock
20 hours ago
Joe did great with a unique situation. Much appreciated.
Louis Richardson
23 hours ago
Brian and his team did a great job working until 8pm to make sure we had water for the night and back at it early the next morning. When a problem came up they just said we going to fix you right and didn’t try to up charge. I thought the price was high until I experienced the service! Thanks guys
Thera F
1 day ago
You CALL THEM when you need the job done right, done efficiently, and done professionally. They show up when they say they will, you get a text with a picture and info about who's showing up. They are respectful of your home putting on shoe covers, every time. They explain thoroughly everything they see and what they are going to do. Plus, they don't make you feel bad when you ask a lot of questions or when you ask for them to explain things further. Furthermore, they put a guarantee on their work! Nick Baldini has come out to our home for 2 separate issues and he is Outstanding!!! Hawk came out aswell to assist on one of them I can't be more pleased with both of them. Ask for these guys, you won't be disappointed!
Athena Rosenberg
1 day ago
Tech was fast, nice, and thorough.
Patrick Flynn
1 day ago
Had a minor plumbing issue and called Preferred. Easy to schedule and they arrived when they said they would. Joe was our plumber and he explained everything and got the problem fixed in short order. We are very happy with PHS!
Michael C
1 day ago
Great work from tech Griffin King of Preferred Home Services. Outstanding communication skills and thorough evaluation of my 8 year old HVAC system. Great proposal on semi-critical items to get fixed before the summer AC season along with a few things that could be done next time. Ask for Griffin by name. Good guy!
John Harmon
1 day ago
Always style and grace!
Phil Howells
1 day ago
Very polite and focused on the task at hand.
Robert Scata
1 day ago
Austin Henderson was a technician who came to my home today. He was very professional and he provided me with clarity of the work that could be done. In addition to that, he provided me with a full range of services offered by Preferred Home Services. He also verified the pressure on my waterline and informed me that the regulator needed to be replaced. He provided me with a number of options, all of which I was grateful for. Should we choose to work with Preferred Home Services, I would welcome having Austin be the technician to do the work.
Ranee Armstrong
1 day ago
Prompt and very courteous. Signed up for the maintenance program and will continue using Preferred
adam gantt
1 day ago
I've been a customer for a few years after bouncing around other providers. They consistently provide quality and professional experiences and I feel they genuinely have my best interest in mind. After a number of years avoiding the inevitable, we finally came to the point of needing a full unit replacement.

The installation process was seamless and clean, with overly tidy touches and thoughtfulness from the installation team such as rodent prevention guards that could have easily been overlooked. New system is operating as expected and I trust Preferred to maintain the system for years to come.
Alicia Ludy
2 days ago
This is the 2nd time LB has come out to help diagnose/repair problems with our HVAC system. He’s knowledgeable and takes the time to explain everything thoroughly. Each time he has offered a fair assessment of the problem and straight forward estimates for repair.
Sondra Richardson
2 days ago
CHRIS HARBIT was an absolute GODSEND!! We’ve had a water leak for about 4 months I would say. We’ve had at least 5 people come out to assess it and told us it was a slab leak which would have cost us at minimum $8000. Chris came out and listened to our concerns and actually assessed the situation and found a leak in the INSIDE!!! This man fixed one leak and found another and this second one gave him some challenge but he never gave up and finally found a solution and it was fixed!!! I can’t tell you how relived and so full of gratitude I am. Thank you thank you so so much!!!
lesley craddock
2 days ago
Fourth time using Preferred Home Services. They never disappoint.
This service was for plumbing repairs.
Previous service visits included toilet replacements and hot water heater installation.
Every technician Ive had out has been prompt, knowledgeable and friendly.
Today's technician, Tony, did a fantastic job and gave me informed options for how to solve my plumbing issue. I was completely satisfied with the work and will continue to utilize Preferred in the future.
Andrew Male
2 days ago
Jacob was great and a true pro
Margreet Kroneman
2 days ago
Becca taught me a lot about HVAC systems and electric heating which are all new to me! She took all the time I needed and explained everything in detail. She did not push anything on me, but left the choice to me. Left the place clean after she was done! Good job, Becca!
Codi Chavis
2 days ago
Super friendly and helpful. Got here in the time frame they said. Very thorough and reasonably priced. Definitely will use this company for future needs!

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