How To Take Advantage Of 2013 Energy Tax Refund

2013 Energy Tax RefundIn case you didn’t know it, when you buy an AC unit during off-peak season, prices tend to be considerably low. Combine that with taking advantage of the 2013 Energy Tax Refund that you can receive when you purchase a qualified Energy Star® rated AC unit or air purification system and you can literally save thousands of dollars on a new AC unit that will be ready to go when the summer temps hit.

If you’re AC unit was acting up this past summer, the time to start looking for a replacement item is when the weather is cold in Arizona. As such, here are a few tips on how to take advantage of the market when buying an Air conditioning unit to ensure you receive the best possible deal.

What Is The 2013 Energy Tax Refund

The 2013 Energy Tax Credit was established a few years ago as a part of the Federal Government stimulus program, designed to help people spend money on energy efficient items. But before you start buying up every AC unit available, there are a few rules you should be aware of in order to qualify for the 2013 Energy Tax Refund.

1)     First – any unit that qualifies must be purchased prior to December 31st, 2013. This unit must be installed and used only for your primary residence. If you live in Arizona as a snowbird and own multiple homes you can only receive this credit if the home is listed as primary residence.

2)     You can receive up to $300.00 in tax credit when you purchase qualified units that are all Energy Star® rated.

Here are a few of ways to maximize your earning potential and get a great deal on an AC unit when the market and weather outside is cold.

Tip #1 – The Pricing on AC Units Fall Dramatically During Off-Peak Season

Just like any other major appliance, the price of air conditioning units is often predicated on supply and demand. And since the demand for replacement AC units tends to be in summertime, and the supply is often limited during the summer months, the price tends to be quite high. This is not the case in winter / early spring. In fact, sometimes prices can be marked nearly 45% off during off-peak seasons. So take advantage of this by purchasing a new AC unit in November / December 2013 in order to take advantage of the tax credit too.

Tip #2 – Buy it Today – Install it Tomorrow

Another tip that many people don’t realize is that you don’t have to have your AC unit installed the same day you buy it. In fact, if you’re building a new home, or want a replacement AC unit installed in your existing house, many AC sales outlets will allow you some time to install the unit. You can always buy it today and install it a few weeks or months later. Either way, the key is to take advantage of the cost savings and also the reduced cost of installation services as well.

There are several air conditioning in Scottsdale that qualify for the 2013 Energy Tax refund. The best way to get detailed answers is to visit EnergyStar.gov. Their website will tell you exactly which items will qualify for the tax credit. But in order to take advantage of dramatic savings, buy when the market is slow and have them installed during off-peak season. You can literally save thousands of dollars when you stick to these simple tricks of the trade.

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