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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!

TESTIMONIALS

Hear From Our Satisfied Customers

Kevin Hutchison
4 days ago
Caleb did an excellent job! Very happy with Preferred’s service taking care of our AC emergency.
Robert Harris
4 days ago
The technician was very professional and consistent with his work. I loved the extra effort.
Crista Cumberlander
4 days ago
Sadly I had to part ways with my AC units. They ran their course and finished the race good. But I was rescued by 2, well 3 great people from Preferred Home Services. Justin talked me thru the process and what I needed to get my systems replaced. Thank you for clear explanations. Vincent and Sir came out and executed the labor with much care and demonstrated very much welcomed professionalism. Vincent and Sir displayed respect and care for my home and environment. Truly appreciated! Thank you!
Ashley Owens
5 days ago
Corey was exceptional to work with. He quickly identified the issue with our air system and ensured everything was functioning properly before he left. He also took the time to clearly explain the problem and walk us through the solution he implemented, making sure we fully understood the repair. His professionalism, expertise, and excellent communication were greatly appreciated.
jeannine hill
5 days ago
Darian is informative, professional, and prompt. Our plumbing issue was resolved in a timely manner. Darian also provided tips for future issues regarding our current remodeling endeavors.
Marcia Russo
5 days ago
Rev was an excellent technician. He provided clear and concise information and was very pleasant. He completed the jobs in a timely manner. It was a excellent service call
Amy Weesner
5 days ago
Turner was very friendly and took care of my service today with no problems
Kathy Piersee
5 days ago
Garrett is a very personable conscientious young man. Very pleased with his professionalism and support.
Kathy Huey
5 days ago
Our air conditioner broke about 3 weeks ago. We were to busy to get it fixed right away. We put a shout out on Angie's list and they were the first ones that called. Everyone from the initial evaluation, project manager, and installers were so nice and pleasant. Will definitely be using them for other needs as they arise.
Lois Cox
5 days ago
Chris Crawford was our technician today and he went above and beyond for us.
john b
5 days ago
We're new Preferred Home Services Customers, but we'll be regulars for a long time. We had an 18 year-old HVAC unit in a downtown condo we'd recently purchased. Of course it decides to fail on the Friday before a long holiday weekend. PHS had a tech out to assess within hours, and we had a new crew arrive 1st thing Monday AM to replace the entire unit (Inside blower + outside condenser). Every member of the PHS team was thoroughly professional and I'm very glad I reached out to them first. Highly recommend!
Holly Schiavo
5 days ago
Jacob and Glenn were fantastic. Professional, pleasant and very knowledgeable. Always a great experience with their work, their people and their warranties.
Harry Berman
5 days ago
Griffin king did a great job and was very kind.
Jay H
6 days ago
Another great experience with Preferred. Good communication, and quick response from the scheduler. The tech, Ola Tackett, was knowledgable and was able to diagnose and fix my issue. May have to upgrade my unit so I don’t see them as much. lol. Would highly recommend .
Steve O'Brien
6 days ago
Quick response, especially for a holiday weekend. Thorough explanation of the problem and quickly resolved by the technician.
Phil&Missy Mitchell
6 days ago
The whole experience with Preferred was fantastic. We received a no cost estimate which was exactly the final cost. Our technician Patrick was considerate and friendly. He made sure I was happy with his work each step of the way and left zero mess for us to clean up. I would highly recommend Preferred!
Kim Herbert
6 days ago
I chose to be a preferred customer with a maintenance plan based on a recommendation. I have been very happy with the service and support. They are excellent! I have had a service tech Caleb a few times. His professionalism and customer service is a credit to his company. He is thorough with his inspection and explanation is top-notch!
William Langston
6 days ago
Mr Glenn Fordham was very polite and quick. This is my second visit with him and he is a pro at his work and customer service.

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