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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

Exu Smith
3 days ago
Good and very reliable technician. I recommend Chris Crawford 👌
Michelle Best
3 days ago
Love details he was giving and the cost
Kem Baker
3 days ago
Will was great - very professional and knew what he was doing. Got our toilet back up and running and pipes cleared.
Ana Meyer
3 days ago
Revlon Spooner was extraordinary!
Joseph Harden
3 days ago
Preferred and their team are incredible. Super knowledgeable and with you every step of the way. They diagnosed my issue and were willing to return day after day to make sure my system ran well. With how bad my old system was, with all the damage, they were willing to go above and beyond to make sure everything got remedied. Even checking in on me monthly to help.

500% would recommend.
Stan Davis
3 days ago
Grayson and Ben did a great job installing, explaining and cleaning up after the installation of
my a/c and furnace.
Linda Wooters
3 days ago
Technician explained everything very well and was so pleasant.
Quinn Jacobs
3 days ago
Griffin King did an excellent job and was very honest and helpful.
Jane Moore
3 days ago
I have used Preferred Home Services for Plumbing, Heating and Air. They have always been to my house in a timely manner and their work is excellent.
Today, Jonathan and Seth arrived to repair a leak under the double master bath sinks. They Before entering my house they put on shoe covers, and after assessing the problem they provided a summary of the work to be done and the cost. Their trucks are always fully stocked, the work was completed in a timely fashion, and they cleaned up behind themselves. I highly recommend Preferred Home Services. Their staff is always friendly and courteous.
Ramzi [at] Storiad
3 days ago
As always, excellent work. LB knows his trade.
Johanna Pettit
3 days ago
Jaylen was great. Quick and quality service.
Jannette Elliott
3 days ago
Cory excellent tech,very efficient,we give him 5 stars!
Jennifer Jones
4 days ago
I don't know what I would do without them. My grandmother's A/c had some issues, & Adam, by the grace of God came and fixed it. Im so thankful for him. Now I don't have to worry about her getting any heat related problems.
Green Klowd
4 days ago
Adam Kelly came and worked on my boyfriend's AC. He did an amazing job!!! He was very knowledgeable on any questions he had.
It was so hot in here. So it was definitely a blessing.
DannyArcher
4 days ago
Adam did an amazing job with my homes heating and cooling. Where other companies missed diagnosing, Adam was all over it and saved me a ton of money in the long run.
Deborah Felkel
5 days ago
The tech was very helpful. He explained everything throughly. He was very pleasant.
Tim Roach
5 days ago
The tech Xavi was very professional and courteous. Answered all my questions. And fixed the issue I created.
Michael Badger (Badger)
5 days ago
Used Preferred again for some desperately needed updates to 60+ year old plumbing parts. AWESOME experience with Matt (the technician). The five stars are for his patience, his thorough guidance on what was needed and why, his willingness to negotiate on pricing, and his incredible work ethic over the three days it took to complete everything that was needed.

That being said, you should be aware that Preferred now uses an AI to handle their incoming calls from all customers, which is absurd. (It even comes with little fake office noises to make it sound real and doesn't ID itself unless you ask!) Apparently even someone who is an existing customer and has already spent $20K-ish on home repairs and upgrades does not warrant five minutes of interaction with an attentive and empathetic human being to explain what work is needed and why. This has never happened to me before with a local business and I almost hung up.

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