As tax season approaches, many homeowners will be eagerly anticipating their tax returns. While some may be tempted to splurge on a vacation or a new gadget, investing your tax return in your home’s HVAC system can provide significant long-term benefits. Updating your HVAC system not only increases the comfort of your home, but it can also improve the efficiency of your heating and cooling system, ultimately reducing your utility bills and increasing the value of your home.
It is our opinion that the recent skyrocketing costs of natural gas are similar to price gouging! According to ABC7 news, Nationwide natural gas prices are down – on average it’s about $2.80 per million BTU but in California that number is closer to $20. That’s a 600% premium.
We’re sure we don’t have to tell you about the price increases and what that means for your budget but here’s a real-world example of how this rate increase impacts ALL of us.
I have a jacuzzi with a 400,000 btu heater which means it burns 381 cubic feet of gas per hour (100 cubic feet is equivalent to 1 therm of gas). A jacuzzi 3.81 therms per hour. A therm of natural gas used to be approximately $0.85, it is now $3.85 per therm.
In other words, what use to cost $3.23 an hour now costs $14.67 an hour to heat our jacuzzi (CRIMINAL).
Don’t Miss Out on Your Tax Credit
Replacing an outdated HVAC system with a new, energy-efficient one can provide a return on investment (ROI) through reduced energy costs over time. According to the U.S. Department of Energy, HVAC systems typically account for around 48% of a household’s energy consumption, making it a significant contributor to energy bills. An updated system can reduce energy consumption by up to 20%, leading to substantial savings on monthly utility bills.
At Rightemp Home Services we are NOT like the huge corporate companies in some other state, we live right here in the Inland Empire. We are NOT disconnected, we are right here with you and we have a solution! We can “Electrify Your Home” with a dual-fuel HVAC system! That’s right, a gas and electric solution that lets you choose whatever method is best for you.
And while you’re at it, if you are a resident of the Inland Empire you can receive a rebate up to $3,235.00 and tax credit up to $2,000.00.
Investing in Your HVAC is SMART!
By investing your tax return into a new HVAC system, you will not only save money in the long run but also reduce your environmental footprint.
In addition to cost savings, an updated HVAC system can also add value to your home. Prospective home buyers are often willing to pay a premium for a home with an updated HVAC system, as it provides peace of mind and reduces the likelihood of costly repairs in the future.
According to a survey conducted by the National Association of Home Builders, 70% of home buyers consider energy efficiency a crucial factor when looking for a home.
To get the most out of your tax return, it’s important to choose an HVAC system that suits your home’s needs. Factors such as the size of your home, climate, and energy needs will play a significant role in determining which system is best for you. Consider consulting with a professional HVAC technician to determine the optimal system for your home.
What to Do Next with Your HVAC
In conclusion, investing your tax return in your home’s HVAC system can provide significant long-term benefits. Not only does it increase the comfort of your home, but it also provides a return on investment through reduced energy bills and increased home value. By choosing an energy-efficient system that suits your home’s needs, you can maximize the benefits of your tax return investment and enjoy a more comfortable and cost-effective home.