Georgia and Federal Tax Credits & Rebates
For HVAC, Electrical & More
Discover Clean Energy Tax Credits & Rebates available for Georgia consumers and improve the efficiency of your home.
The Inflation Reduction Act (IRA) was enacted by the federal government last August with the objective of reducing greenhouse gas (GHG) emissions by 40% by 2030, and it has had the greatest impact in two primary tax areas.
These areas include the Energy Efficient Home Improvement Tax Credit (25C) and the High Efficiency Electric Home Rebate Program (HEEHRP).
At Reliable, we offer a broad assortment of ENERGY STAR® qualifying products eligible for these programs. Use the calculator below to see how you qualify. Have questions about the new tax credits & rebates? Our team has thoroughly researched them and is eager to provide answers.
Central Air Conditioners • Heat Pumps • Ductless Systems • Water Heaters • Electric Vehicle Chargers • Electrical Panels • Duct Sealing & More
Frequently Asked Questions
Who is eligible for tax credits?
Homeowners, including renters for certain expenditures, who purchase energy and other efficient appliances and products.
What do consumers do to get the credit(s)?
Fill out IRS Form 5695, following IRS instructions, and include it when filing your tax return. Include any relevant product receipts.
Are there limits to what consumers can claim?
Consumers can claim the same or varying credits year after year with new products purchased, but some credits have an annual limit.
What Heating, cooling, and Water Heating products are eligible for tax credits?
Electric or natural gas heat pumps; electric or natural gas heat pump water heaters; central air conditioners; natural gas or propane or oil water heaters; natural gas or propane or oil furnaces or hot water boilers that meet or exceed the specific efficiency tiers established by the Consortium for Energy Efficiency. As well as solar water heating products that are certified for performance by the Solar Rating Certification Corporation or comparable entity endorsed by the state government in which product is installed.
Tax Section 25C, Nonbusiness Energy Property Credit
Starting from January 1, 2023, homeowners can receive a tax credit equal to 30% of installation costs for the highest efficiency heating and cooling products. The tax credit has a maximum limit of $600 for eligible air conditioners and furnaces, and up to $2,000 for qualified heat pumps.
Save Even More on Utilities by Upgrading to a Higher-Efficiency Air Conditioner
Upgrading to a more efficient Air Conditioner can result in substantial monthly energy bill savings. Air conditioning units are rated based on their efficiency, as measured by their Seasonal Energy Efficiency Ratio (SEER) value. The higher the SEER value, the greater the energy efficiency of the system.
In comparison to older AC systems, which typically have a SEER value ranging from 8 to 12, newer units have a SEER value of 13 to 25 and are significantly more cost-effective to operate. To determine the potential savings from upgrading your current AC system to a more efficient one, use the estimator tool below.
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- SEER SAVINGS ESTIMATOR
SEER VS ON A TON AIR CONDITIONER*
YOUR CURRENT A/C
consumes around
in electricity per year
VS
YOUR NEW A/C
will consume around
in electricity per year
Long Term Savings
5-YEAR
10-YEAR
15-YEAR
*Based on cents/KWh (average price in Atlanta, GA). Also based on yearly cooling hours average for Atlanta, GA
(Estimated with weather data from ASHRAE: 2017 ASHRAE, www.ashrae.org. Used with permission.) This calculator is only intended to give you a rough estimate. The savings are not guaranteed and depend on various factors.