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If you purchase certain types of HVAC systems or make other energy-related improvements to your home, you may be eligible for an energy tax credit.

As a leader in producing energy efficient home comfort solutions, Trane offers many products that are eligible for residential energy credits. Before you buy, take time to research which Trane HVAC products include these money saving rebates. You can search our site for current energy rebates on:

Federal Tax Credits

The federal government offers energy efficiency tax credits

For qualified HVAC improvements, homeowners may be able to claim Internal Revenue Code Section 25C tax credits from $50 - $300, or in some cases, 10% of the installed costs (up to $500 maximum). Credits may even be higher for renewable energy, like geothermal systems.

The Consolidated Appropriations Act, 2021 amended IRC Section 25C, which provides tax credits for the installation of “qualified energy property” for residential heating and cooling equipment meeting certain energy efficiency requirements if installed by December 31, 2021. Tax credits for non-business qualified energy property have been retroactively extended from December 31, 2017 through December 31, 2021. Homeowners can confirm system eligibility at www.ahridirectory.org.

Tax credits for residential renewable energy products are available through December 31, 2023 but are subject to a gradual step down in the credit value. For more information on federal energy tax credits, visit Energystar.gov.

The following Trane residential products qualify for a federal tax credit:

  • Split system air conditioning - must meet 25C requirements of 16 SEER/13 EER (both efficiency levels must be met to qualify for the tax credit) Manufacturer's Certificate
  • Split system heat pump - must meet 25C requirements of 15 SEER/12.5 EER/8.5 HSPF (all three efficiency levels must be met to qualify for the tax credit) Manufacturer's Certificate
  • Gas furnace - must meet 25C requirements of 95% AFUE Manufacturer's Certificate
  • Advanced main air circulating fan - gas furnace or packaged system with an advanced circulating fan that utilizes no more than 2% of furnace total energy use per 25C requirements. Manufacturer's Certificate
  • Packaged air conditioning, - must meet 25C requirements of 14 SEER/ 12 EER/ (both efficiency levels must be met to qualify for the tax credit) Manufacturer's Certificate
  • Heat pump or dual fuel products - must meet 25C requirements of 14 SEER/ 12 EER/ 8 HSPF (all three efficiency levels must be met to qualify for the tax credit) Manufacturer's Certificate

State and Local Tax Credits

Find information about local energy tax credits

Take a look at the energy tax credit programs available in your area. Tax credit initiatives and rebate promotions change frequently, so it’s best to consult with a local tax official. A great resource on local tax credit information is dsireusa.org. You can search the DSIRE Database of State Incentives for Renewables and Efficiency®.

See all Trane products that qualify for rebates.

Before you buy a new heating and cooling product, make sure to take advantage of local rebates in your area. Check back often as these deals can change.

Find local rebates
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How to apply for a residential energy tax credit

Subject to IRS regulations, tax credits apply as a direct reduction of taxes owed. To apply for an energy efficient tax credit, you need to:

  1. Submit the proper form. Use Form 5695 for residential energy credits.
  2. Save the Manufacturer’s Certification Statement for your records.
  3. Consult your tax professional for advice on taking advantage of energy efficient tax credits.

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HVAC Tax Credit FAQ

What federal tax credits are available for residential energy use?

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In 2018 - 2021 there are federal tax credits for certain geothermal heat pumps, small wind turbines (residential) and solar energy systems (including solar water heaters) and fuel cells.

What heating and cooling products qualify for rebates?

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HVAC products that qualify for energy efficiency rebates will vary by area. View our Savings & Offers page and enter your zip code to see a list of Trane heating and cooling products that qualify for rebates in your area.

Where can I learn more about residential energy tax credits?

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If you have questions about tax credits, talk to a tax professional. Energystar.gov also has detailed information about recent tax credit changes.