Elkhorn Heating & Air Conditioning, Inc.

Residential & Commercial

Heating • Air Conditioning • Ventilation • Refrigeration • Ice Machines • Sheet Metal

Serving the Denver, Colorado Metro area

Office: 303-975-8809
3065 S. Umatilla St.
Englewood, CO 80110
info@ ElkHVAC.com

Xcel Energy Rebates
Federal Tax Credits

Xcel Energy

Xcel EnergySM is now offering natural gas customers in Colorado cash back with the purchase and installation of new energy-efficient natural gas furnaces, boilers or water heaters.

For Natural Gas Furnaces and Boilers
Appliance Efficiency Rebate
Natural Gas Furnace 92% AFUE $80
Natural Gas Furnace 94% AFUE $120
Natural Gas Boiler 84% AFUE $120
For Natural Gas Water Heaters
Appliance Efficiency Rebate
Natural Gas Standard Tank Water Heater .62 EF
.65 EF
.67 EF		 $40
$60
$80
Natural Gas Tankless Water Heater .82% EF $100
Evaporative Cooling
ISR Air Flow Rating Rebate
Minimum 2,500 CFM $200
85% Saturation Rate $500

Federal Tax Credits for Energy Efficiency

How has the new Stimulus bill affected the tax credits for energy efficient home improvements?

On February 17, 2009, President Obama signed a stimulus bill (The American Recovery and Reinvestment Act of 2009) that made some significant changes to the energy efficiency tax credits. The highlights are:
  • The tax credits that were previously effective for 2009, have been extended to 2010 as well.
  • The tax credit has been raised from 10% to 30%.
  • The tax credits that were for a specific dollar amount (ex $300 for a CAC), have been converted to 30% of the cost.
  • The maximum credit has been raised from $500 to $1500 for the two years (2009-2010).

Home improvement tax credits are now available for home improvements "placed in service" from January 1, 2009 through December 31, 2010.

Maximum amount is $1,500 in 2009 & 2010 for most home improvements.

Appliance Efficiency Credit
Furnace >= 95% AFUE 30%*
Advanced Main Air
Circulating Fan		 No more than 2% of
furnace total energy use.		 30%*
Boiler >= 90% AFUE 30%*
Air Conditioner/Heat Pump >= 15 SEER 30%*
Tankless Water Heater >= 0.82 EF 30%*

* Subject to a $1,500 maximum per homeowner for all improvements combined.

Any qualified home improvements made in 2008 are not eligible for the tax credit.

More information on the Tax Credit: Energy Tax Credit and You.