Turn on the TV news, read the newspapers, or go online, and chances are, there’s a story about supply chain issues.
Right now, we are looking at availability issues due to an unstable supply chain and price hike challenges due to tariffs affecting the costs of raw materials in HVAC equipment.
For example, if a heating or air conditioning unit or its components do not qualify as originating under the United States-Mexico-Canada Agreement (USMCA), it could be subject to a 25% tariff, and other tariffs of varying amounts could apply on items from other countries.
If you are on the fence as to when to upgrade your heating or cooling equipment, now may be the best time. Here’s why:
• Repairing your equipment now could be more expensive than replacing it.
If you have needed repeated repairs year after year, investing in a new, high-efficiency boiler, furnace, or heat pump before the heating season begins may be a smart idea. Plus, you’ll have peace of mind that your heating system won’t fail you during a cold mid-winter day.
• Upgrade before the tax credits expire!
This is probably the most time-sensitive reason for you to upgrade now, as the “One Big Beautiful Bill Act” (H.R. 1) includes expiration dates for many of the tax credits and incentives offered under the Inflation Reduction Act (IRA) of 2022, including:
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Energy Efficient Home Improvement Tax Credit (25C)
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Residential Clean Energy Tax Credit (25D)
The IRA offered the 25C credit through 2032, but H.R. 1 repeals the credit as of December 31, 2025. Similarly, with the passage of H.R.1, 25D will not be available after December 31, 2025.
In short, you only have a few more months to upgrade your HVAC equipment before these tax credits go away. Of course, we will always do our best to help you find available manufacturer or trade rebates, financing options, and other incentives to make your upgrade as affordable as possible!
While increased tariffs and vanishing tax credits are valid reasons to install new heating and cooling equipment, the most compelling reasons are those that affect you and your home:
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Increased comfort: A new heating or cooling system is able to maintain consistent temperatures throughout your home.
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Improved efficiency: New heating systems are designed with cutting-edge technology that allows them to operate more efficiently than older models.
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Lower energy bills: With improved efficiency comes a decrease in monthly energy usage, and that means more money in your bank account.
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Lower carbon footprint: A high-efficiency boiler, furnace, heat pump, or central AC consumes less energy, which reduces environmental impact.
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Greater reliability: Modern HVAC systems are more technologically advanced than older models, making them more reliable and safer.
We urge you to take advantage of the incentives to upgrade your heating or cooling equipment NOW – before supply chain issues and federal legislation get in the way of your comfort – especially if your HVAC system has seen better days!
Call us today to learn more about your options!