Are you wondering what the tax stimulus will mean for your HVAC business

Are you wondering what the tax stimulus will mean for your HVAC business? If you are working as an HVAC contractor or administering an HVAC school, it is vital to prepare for the increased demand placed on your business due to the American Recovery and Reinvestment Act.

What HVAC Tax Credits Mean for Contractors

The American Recovery and Reinvestment Act offers a tax credit to homeowners who install energy efficient heating and air conditioning units that meet certain criteria. The tax credit can be up to $1500 and includes labor costs. This stimulus money is designed to encourage homeowners to replace old and inefficient heating and air-conditioning units with current models that will save energy.

This tax credit is good across the nation, from Los Angeles and San Diego to New York and Boston. This nationwide program does not just stand to benefit HVAC specialists in one area or another, it can help across the country.

The extra savings provided by such a tax credit are a great opportunity for contractors to sell and install qualifying HVAC equipment. The credit makes it possible that a customer will see their entire investment returned with the tax credit and subsequent energy savings. All homeowners may not qualify for the rebate, so it is important for contractors to advertise the potential tax credit as a possibility that customers should check into, not guaranteed money.

How HVAC Tax Credits Impact HVAC Schools

If you're interested in learning HVAC installation and repair, the continuation of this tax credit could help make it easier to find a job after you complete your training. If more and more people decide to take advantage of it this summer, then more HVAC specialists will be needed, and demand could increase. If you are interested in HVAC training, now is a great time to start learning.

The current money provided to homeowners in the American Recovery and Reinvestment Act for installing new HVAC systems will require students trained in repairing and maintaining this new technology.

If you are an HVAC technician or interested in becoming one, potential tax credits could set up a favorable situation for you. If you are interested in learning more about HVAC training, contact Refrigeration School, Inc. today. RSI is based in Phoenix, Arizona, and has been training HVAC specialists since 1965.