Tax Credit
Homeowners can claim up to a maximum of $1,500 in tax credits for all energy efficient home improvements.
For Mitsubishi Electric HVAC split heat-pump systems, this means 30 percent of the cost of heat pump installation including equipment, materials and labor. The tax credit was effective February 17, 2009 after President Obama signed the new American Recovery and Reinvestment Act (also known as the Stimulus Bill).
To Qualify
HVAC systems must be installed after February 17, 2009 through the end of 2010.
Split-system heat pumps chosen for installation must achieve the highest CEE Tier
Level of energy efficiency; specifications shown in the table below.
CEE Level: Tier 2
SEER: 15 or higher
EER: 12.5 or higher
HSPF: 8.5 or higher
M-Series "Residential" Systems
| Model |
SEER |
EER |
HSPF |
Capacity |
ENERGY
STAR |
Tax
Credit
|
MSY-GE09NA
MUY-GE09NA |
21.0 |
13.6 |
|
9,000 Btu/H |
Yes |
Yes |
MSY-GE15NA
MUY-GE15NA |
21.0 |
13.0 |
|
14,000 Btu/H |
Yes |
Yes |
MSZ-GE09NA
MUZ-GE09NA |
21.0 |
13.6 |
10.0 |
9,000 Btu/h
10,900 Btu/h |
Yes |
Yes |
MSZ-GE12NA
MUZ-GE12NA |
20.5 |
12.5 |
10.0 |
12,000 Btu/h
14,400 Btu/h |
Yes |
Yes |
MSZ-GE15NA
MUZ-GE15NA |
21.0 |
13.0 |
10.0 |
14,000 Btu/h
18,000 Btu/h |
Yes |
Yes |
MSZ-FD09NA
MUZ-FD09NA |
25.0 |
13.8 |
10.0 |
9,000 Btu/h
10,900 Btu/h |
Yes |
Yes |
MSZ-FD12NA
MUZ-FD12NA |
22.0 |
12.5 |
10.0 |
12,000 Btu/h
13,600 Btu/h |
Yes |
Yes |
MSZ-FE09NA
MUZ-FE09NA |
26.0 |
15.5 |
10.0 |
9,000 Btu/h
10,900 Btu/h |
Yes |
Yes |
MSZ-FE12NA
MUZ-FE12NA |
23.0 |
12.9 |
10.5 |
12,000 Btu/h
13,600 Btu/h |
Yes |
Yes |
MSZ-GE09NA
MSZ-GE09NA
MXZ-2B20NA |
18.0 |
12.5 |
8.9 |
18,000 Btu/h
22,000 Btu/h |
Yes |
Yes |
P-Series "Light Commercial" Systems
| Model |
SEER |
EER |
HSPF |
Capacity |
Energy Star |
Tax Credit |
PLA-A36BA
PUZ-HA36NHA2 |
17.0 |
12.6 |
10.0 |
34,000 Btu/h
38,000 Btu/h |
Yes |
Yes |
PEA-A18AA
PEA-A18AA
PUZ-HA36NHA2 |
16.8 |
12.5 |
10.4 |
34,000 Btu/h
38,000 Btu/h |
Yes |
Yes |
Example of Savings If a consumer purchases the MSZ/MUZFD12NA split system for $3,530, which includes equipment, materials, electrical and labor installation costs, then:
| Cost Estimation |
MSZ/MUZ-FD12NA = $2,180
(List Price)* + Materials and Labor** = $1,350
Total installed price: $3,530
|
$3,530 x 0.30 = $1,059 in tax credits!
$441 still available to be applied to other home improvements.
* Equipment costs may vary from list price.
** Depends on local codes and requirements and are an estimate for example purposes. |
