About Federal HVAC Tax Credits For 2013 Published on January 08, 2013The renewed "25C" tax credit for 2013 allows homeowners to get up to $500 in tax credits when installing qualified home improvements. Depending on their eligibility, homeowners may qualify for tax credits equal to 10% of the costs (up to $300) for qualifying new high efficiency central air conditioners, heat pumps or hot water heaters.Homeowners may qualify for additional tax credits equal to 10% of the costs (up to $150 limit) for installing qualified furnaces or boilers. A smaller tax credit of 10% of the installed costs (up to $50 limit) is available for installing a system with an advanced main air circulating fan.A central air conditioner must meet or exceed 16 SEER and 13 EER; package system central air conditioners must meet or exceed 14 SEER and 12 EER.A heat pump must meet or exceed 15 SEER and 12.5 EER and 8.5 HSPF. Package heat pump systems must meet or exceed 14 SEER and 12 SEER and 8 HSPF.Natural gas furnaces, propane furnaces, natural gas hot water boilers, propane boilers, oil furnaces, and oil hot water boilers must meet or exceed 95% AFUE.For the advanced main air circulating fan credit, the fan must use no more than 2% of the furnace’s total energy. If the fan is qualified, but the furnace is not.There is a lifetime residential energy tax credit limit of $500, retroactive to January 1, 2005.The IRS is expected to release more information soon about how to file a claim. For more information on this or any HVAC tax credits or rebates, contact Service Experts Heating & Air Conditioning for a free consultation.