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Federal Incentives Landing
Federal Incentives: Tax Credits & Rebates Choosing high-efficiency Ruud® equipment isn't just good for the environment—it's good for your wallet, too. Not only can our heating & cooling and water heating products help you save month after month on your energy bills, but with qualifying government rebates and tax credits, they can help you save even more. For an overview of the Inflation Reduction Act of 2022, click here. To learn more about federal incentives, choose your type of ins…
HVACKnowZone
Change Is Here—Let's Navigate It Together The push to increase energy efficiency and reduce emissions continues to drive change in the HVAC industry. As a result, the government is instituting significant changes in energy efficiency criteria and ratings for both residential and commercial equipment. Rather than viewing the regulatory changes as a problem to be solved, we embraced them as an opportunity to innovate new technologies to create an even better product line for contractors and…
Federal Tax Credit
Federal Tax Credits Important Information regarding the Inflation Reduction Act of 2022 can be found here. The Consolidated Appropriations Act of 2021 retroactively extended the previous section 25C tax credit through December 31, 2022. Starting January 1, 2023 the Energy Efficiency Home Improvement Credit under the Inflation Reduction Act of 2022 expanded section 25C increasing tax credits for eligible residential equipment up to $2000. NONBUSINESS ENERGY PROPERTY CREDIT HEATING & COOLING INST…
Inflation Reduction Act
Federal Tax Credit Inflation Reduction Act of 2022 In August, the U.S. Government passed the Inflation Reduction Act, a comprehensive energy policy bill that has a record $370 billion reserved spending for climate and energy initiatives. This legislation offers several tax credits that reward homeowners for purchasing higher efficiency, ENERGY STAR®-certified and Consortium for Energy Efficiency-specified equipment. Ruud® is working hard to ensure that homeowners are prepared for the coming…
Decarbonization: The Movement and What It Means for Your Home
Decarbonization: The Movement and What It Means for Your HomeCarbon-Conscious Moves Homeowners Are Making There are many moving parts when it comes to rethinking our energy sources and consumption. Here is a snapshot of phrases and topics so that every homeowner can be in the know. Paris Agreement:Adopted by 196 Parties in 2015, the Paris Agreement is a legally binding international treaty on climate change with a goal to limit global warming to well below 2, preferably to 1.5 degrees Celsius,…