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Money-Saving HVAC Federal Tax Credits and Rebates

Help Homeowners Maximize 25C Tax Credits Before They Expire

HR1 or “The One Big Beautiful Bill Act” was passed by Congress and signed into law on July 4, 2025. The bill addressed tax cuts, spending increases, and policy changes, which impacted the 25C Energy Efficient Home Improvement Credit for residential furnaces, air conditioners, and heat pumps.

Congress expressed their intent to terminate the Section 25C homeowner energy efficiency tax credit at the end of this year. However, the final OBBBA as signed did not do that. The PIN requirement was removed instead. We expect this discrepancy to be addressed through a technical corrections bill in the coming months. We will continue to monitor closely and keep you informed of any updates. Until a technical correction bill is signed, the PIN requirement is eliminated and the 25C tax credit remains.

Regardless of 2026, homeowners can still take advantage of the 25C tax credits on qualifying HVAC equipment and systems if they purchase and install before December 31, 2025.

How Homeowners Can Save on Their HVAC Equipment

The Energy Efficient Home Improvement Tax Credit (25C) provides a federal tax credit to homeowners who install high-efficiency equipment, this includes HVAC equipment. The previous Nonbusiness Energy Property credit of up to $500 was extended through 2022. The amended Energy Efficient Home Improvement Credit , which began in 2023 and extends through 2032, increases the tax credits as high as $600 for qualified air conditioner or gas furnaces, and up to $2,000 for qualified heat pump, heat pump water heater, or boiler.

What HVAC Products Are Eligible for the 25C Tax Credits in 2024 & 2025?

A broad selection of high efficiency heating and cooling equipment is eligible for the tax credits. Many of Lennox products ranging from air conditioners and heat pumps to gas furnaces and mini-splits qualify for the 25C tax credit.
The below list of qualifying equipment is eligible for tax credits for 2024 purchases.

To simplify your search for eligible equipment, check out the Credits and Rebates section on the AHRI Matchup Tool. In 2025, there is a system rating requirement for 25C tax credits. For this reason, for all 2025 purchases please use the below AHRI link to verify eligibility. You can filter indoor and outdoor equipment by 25C tax credit eligibility. The results page will display a dedicated column for the 25C tax credit, highlighting potential savings for each piece of equipment to help homeowners make informed buying decisions about their energy-efficient upgrades.

2025 CEE Tiers

Regional Heat Pump specifications have been removed and there is now one common specification for the North and South. Two paths have been created; any heat pump system that meets Path A or Path B will qualify for the tax credit. Performance level requirements of ACs, ASHPs, and Packaged Units have increased while requirements for gas furnaces will remain the same. See the tables below for the 2025 highest-tier requirements.

Split and Packaged Air Source Heat Pumps

Split and Packaged Central Air Conditioners

How Can I Help Homeowners Take Advantage?

If you have installed new, high-efficiency equipment for customers on or after January 1, 2022, view the Tax Credit Certificates above to confirm which products qualify for the HVAC tax credit. You can then add value and build trust by proactively contacting those homeowners to let them know that they qualify for a tax credit. Simply direct them to the Lennox.com HVAC tax credit page to download the relevant tax qualification certificate, then encourage them to consult their tax professional to confirm eligibility and submit the certificate with their federal tax return to receive the credit.

For homeowners interested in replacing or repairing their HVAC system, walk them through the Lennox lineup of innovative, energy-efficient home comfort solutions that qualify for these programs.

How Does Lennox
Fit In?

With the new rebate program and extended tax credits, there’s no better time for you to sell and inform homeowners about the Lennox lineup of innovative, energy-efficient home comfort solutions.

Lennox boasts a broad assortment of ENERGY STAR® qualifying products eligible for these programs— including but not limited to the Dave Lennox Signature® Collection SL22KLV, the most precise and efficient heat pump available, featuring Lennox’ most advanced cold climate technology with a SEER2 rating up to 21.1, the SL25KCV, the most precise and efficient air conditioner available with a SEER2 rating up to 26, and the SLP99V, the most efficient furnace on the market boasting an efficiency rating of up to 99%.

Understanding tax savings of the 25C Tax Credit FAQs

The Energy Efficient Home Improvement Credit (25C) incentivizes electrification and energy efficiency by lowering the total cost of qualified electric products.

The previous Nonbusiness Energy Property credit (25) for installing high efficiency equipment was extended through 2022 and provided federal tax credits of up to $500. The amended Energy Efficient Home Improvement Credit (25C) began in 2023 and extends through 2032. It increases the tax credit limits for high-efficiency equipment. Also beginning in 2023, there is no lifetime limit and taxpayers can qualify each calendar year with a qualifying purchase.

Those who have purchased and installed qualifying equipment can claim the tax credit when filing taxes with the IRS using the Residential Energy Credits tax form (form 5695). When filing in 2025, a unique identification number will be required. Details of this “unique identification number” requirement are still pending.

Scan or click the QR code for updates or contact your tax advisor for more information.

Taxpayers who have purchased and installed qualified products as a renovation or addition to an existing home can claim the 25C tax credit. Newly constructed homes are not eligible for the 25C tax credit.

Yes – The 25C credit is a nonrefundable personal tax credit. A taxpayer claiming a nonrefundable credit can only use it to decrease or eliminate a tax liability. A taxpayer will not receive a tax refund for any amount that exceeds the taxpayer’s tax liability for the year.

No – A taxpayer may not carry forward the 25C credit. Thus, if a taxpayer cannot claim all or a portion of the credit in the year in which the related expenditure is treated as made, the unused amount of the credit will expire.

Scan or click the QR code to read more frequently asked questions.

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