If you purchased a high-efficiency Lennox® furnace in 2011, you may be eligible for a tax credit of up to 10% of the installed costs ($200 limit). This credit is offered by the U.S. federal government as part of a larger energy efficiency incentive for home improvements. If you claimed $500 or more for enhancements to your home's exterior (windows, doors, skylights, insulation, roofing, etc.) from 2006 to 2010, your furnace purchase made in 2011 will be ineligible for a tax credit.
You can take advantage of energy tax credits by taking three steps:
If you're a Canadian resident, use the link below to visit the ecoEnergy Retrofit – Homes Program for more details and view a full list of qualifying products.
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