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Get rewarded for energy efficiency with Trane products that are eligible for residential energy credits.
Trane HVAC tax credits
As a leader in producing energy efficient home comfort solutions, Trane offers many products that are eligible for residential energy credits. Before you buy, take time to research which Trane HVAC products include these money saving rebates. You can search our site for current energy rebates on:
FEDERAL TAX CREDITS
The federal government offers energy efficiency tax credits
For qualified HVAC improvements, homeowners may be able to claim 25C tax credits equal to 10% of the installed costs (up to $500 maximum). Credits may even be higher for renewable energy, like geothermal systems.
The Bipartisan Budget Act of 2018 was signed in February 2018, renewing a number of tax credits for residential energy efficiency that had expired at the end of 2016. Tax credits for non-business energy property are now available retroactive to purchases made through December 31, 2017. Tax credits for all residential renewable energy products have been extended through December 31, 2021, and feature a gradual step down in the credit value.
Federal Tax Credit Update
Federal Tax credits for residential energy efficiency have now expired. Any qualified equipment installed prior to January 1, 2018 is eligible for credit. Equipment installed on or after January 1, 2018 is not eligible for credit. Tax credits for all residential renewable energy products have been extended through December 31, 2021, and feature a gradual step down in the credit value.
For more information on federal energy tax credits, visit Energystar.gov.
STATE AND LOCAL TAX CREDITS
Find information about local energy tax credits
Take a look at the energy tax credit programs available in your area. Tax credit initiatives and rebate promotions change frequently, so it’s best to consult with a local tax official. A great resource on local tax credit information is dsireusa.org. You can search the DSIRE Database of State Incentives for Renewables and Efficiency®.
See all Trane products that qualify for rebates.
Before you buy a new heating and cooling product, make sure to take advantage of local rebates in your area. Check back often as these deals can change.
How to apply for a residential energy tax credit
Subject to IRS regulations, tax credits apply as a direct reduction of taxes owed. To apply for an energy efficient tax credit, you need to:
- Submit the proper form. Use Form 5695 for residential energy credits.
- Save the Manufacturer’s Certification Statement for your records.
- Consult your tax professional for advice on taking advantage of energy efficient tax credits.