October 6, 2016

Fall is here and 2016 is rapidly coming to an end. It's not too late, however, to take advantage of HVAC-related tax credits that you can claim by purchasing and installing several different types of equipment.

How the Tax Credits Work

These federal income tax credits for energy efficiency are available for certain HVAC system and equipment upgrades, replacements, and new purchases. The credits are applied directly to your income tax as a homeowner. They cover purchases made in both 2015 and 2016. The expiration date for these credits is December 31, 2016. Energy Star-certified equipment automatically qualifies for these credits. Ask your tax professional for specific information on limitations and applications.

Tax Credit Facts

HVAC System and Construction Features: Must be applied to your principal place of residents. These credits do not apply if the equipment is purchased for a rental unit or a second home. Credits are for 10 percent of the cost of the equipment up to $500, or for a specified amount between $50 and $300.

  • Air source heat pumps (both split and package systems): $300 credit.
  • Central air conditioning (both split and package systems): $300 credit.
  • Gas, propane, or oil furnaces and fans: $150 for furnace, $50 for advanced main air circulating fan.
  • Insulation (dot not include installation): 10 percent of cost up to $500.
  • Roofs (metal and asphalt roofs with coatings designed to reduce heat gain): 10 percent of cost.
  • Windows and doors: 10 percent of cost up to $200 for windows and $500 for doors.
  • Non-solar water heaters: $300 credit.
  • Geothermal heat pumps: 30 percent credit, including installation.

State Tax Credits

You may also be eligible for certain state-level tax credits or efficiency incentives. Check the Database of State Incentives for Renewables and Efficiency (DSIRE) for Virginia. You can also search by zip code at the DSIRE website. Russell's Heating & Cooling serves has been a top choice for professional HVAC services in Chesapeake and Hampton Roads for nearly 40 years. Contact us today for more information on the Energy Star program and the guidelines the program uses to certify products as energy efficient. Our goal is to help educate our customers in Chesapeake, Virginia and surrounding areas about energy and home comfort issues (specific to HVAC systems).  For more information about tax credits and other HVAC topics, download our free Home Comfort Guide or call us at 757-750-1831. Credit/Copyright Attribution: “maialisa/Pixabay”

Maintenance Plans

Russell's HVAC, HVAC service technician, VA

Regular annual maintenance keeps your system operating at peak efficiency. Experience has shown that a system that runs well keeps your utility costs in line — in fact, independent 3rd party research shows that you can save over $30 per month on utility bills.

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What Our Customers Are Saying

  • I can't complement your team enough on the wonderful job done with regard to the installation of the new system in our home. More specifically, we want to recognize the outstanding efforts of: Roberto-- the initial visit and diagnosis of the problem.

    Dan & Connie, Virginia Beach

  • I recently had your team install a new gas package unit including all new duct work at my house in Chesapeake. I had a split system that had undersized ducting which was removed by your installers.

    Mike & Sandi, Chesapeake, VA

  • We purchased a one time service for $79. They came out on time, checked out the geothermal system...they were very professional and kind.

    Nicholas H., Chesapeake, VA

  • We would like to thank your company for an excellent job. We are very pleased with the new (Mitsubishi ductless mini split) system that was installed last week. It works wonderfully at heating our home.

    Danny and Teresa S., Chesapeake, VA

  • Not one single idea for improvement. Keep doing what you do. OUTSTANDING!

    Charles J., Norfolk, VA

  • Great job!...World class employees!

    Colleen & Jim C., Suffolk, VA

  • Everything went great! This is the second big project we've had done through Russell's and we couldn't be more happy! We had the most dedicated, polite, and respectful crew! The team consisted of Elliot, Chase and Sean. Sean was here for the removal process on day one, and did awesome!

    J. Luhan, VA Beach

  • Hi Nate, please pass along our appreciation for you, Elliot and Steve. We are very happy with you being able to arrange our ( Lennox ) replacement system so quickly!

    T. Johnson, VA Beach

  • Thank you for running a top notch company and sending over to us two excellent folks Terry and Shawn. They did an awesome job putting in our new furnace system. Also thank you for Donald and Nate who did a superb job as well. Please reward these guys with some sort of commendations or rewards....

  • ...folks need to know how wonderful working with Russell's Heating & Air Conditioning is. They were very professional all the way thru the process of getting our unit installed down to the payment plan. I have been telling our neighbors and my co-workers about the experience.

    Pamela F., Chesapeake, VA

  • Every moment from the time an appointment was set up until the day the work was completed was a pleasure. Every employee was a delight to work with. The proof that the product was great came when the electric bills started coming in the airconditioning season.

    Douglas P., VA Beach

  • I am extremely satisfied with both the Lennox unit I purchased and the employees of Russell's. Even with poor window and door quality in this overly tired house, I am actually cooled off sufficiently enough to call it chilly.

    Robin W., Chesapeake, VA

  • Over the years I have gained the utmost trust in my service technician Corey Lesko's knowledge and work ethic while servicing my system.

  • I am writing this letter to commend your company on a great job! We were very pleased with how the company performed in every area...the installers did an impeccable job. They were very knowledgeable, efficient, and hard workers—staying focused to the task in the extreme heat.

    Pastor Larry E. O'Brien, Churchland Assembly of God

  • A year ago, I contracted with Russell's to tune up and clean the heating and cooling system. How impressively your specialist cleaned my system...he also found a defective automatic (programmable) thermostat. Quite quickly, he replaced my automatic thermostat. The results?

    R. Snider, Norfolk, VA

  • You recently installed a new Trane unit for us. We want you to know we are completely satisfied. The outside unit is now a hum versus the roar of the old one...we also want to recognize the installer...we cannot overstate what we think of his workmanship.

    K. Hawkins, Portsmouth, VA

  • Great and prompt service – as usual. Everything from ordering the a/c unit to installation went smoothly. Thanks for everything.

    B. Fenstermaker, VA Beach

  • Everyone was very nice. I felt well informed about my purchase. Your staff is great! I don't usually return opinion forms, but you need to know you have a staff you can be proud of!

    V. Horn, Chesapeake, VA

  • You have a new customer for life and I will definitely tell all my friends about your prompt, courteous service, your knowledgeable technicians, and your very reasonable prices. Thank you very much Russell's. You warmed much more than just my heart!

    G. Knoop, Chesapeake, VA

  • Your company was very responsive to my needs. The quality of your work was extremely high.

    Ms. Bright, Chesapeake, VA

  • Your workers actually made this total replacement project an enjoyable learning experience...they were always willing to stop and answer any questions. Their pleasant and cooperative attitudes cannot be praised enough!

    J. Wellons, Portsmouth, VA

  • Very pleased with both the price and service. The installation went off without a hitch and everything exceeded our expectations. When finished, the work areas, including the attic, were so clean you couldn't tell anything had been done.

    T. Marsh, VA Beach

  • Great expertise and timely service.

    H. Turbeville, Chesapeake, VA