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Offers, Rebates & Tax Credits

Find ways to save on your system with rebates, special offers, and tax credits, including new credits from the Inflation Reduction Act (IRA).

Rebates and tax credits near you

Unlock rebates and tax credits on select products.

What are rebates?

Rebates are location-based incentives that help you save money while making smarter energy choices with your HVAC system. Enter your zip code, discover how much you can save, and apply through your local power provider.

What are tax credits?

Purchasing certain HVAC systems or making other energy-related improvements to your home may qualify you for federal tax credits. Before you buy, research which Trane products let you save with federal tax credits.

An HVAC dealer showing documentation to a couple in their home.

Inflation Reduction Act Incentive Details

Great news for homeowners!

Recent legislation changes may mean that upgrading your HVAC system may not only save you energy costs, but also earn you tax credits and rebates.

  • If you installed eligible HVAC equipment before December 31st, 2022, you may be eligible for tax credits of $50 to $300 or up to 10% of the installed costs ($500 maximum) under the former Internal Revenue Code 25C guidelines.
  • If you installed/will install eligible HVAC equipment between January 1, 2023, and December 31, 2032, you may be eligible for tax credits up to 30% of installation costs (up to $1,200/year) under the expanded Energy-Efficient Home Improvement Tax Credit 25C program. 
  • There is a $600 tax credit for electrical upgrades to enable heat pump installation

Note: The maximum 25C tax credit amount is $3,200 when a qualifying heat pump is included in the purchase.

As part of the Inflation Reduction Act (or IRA) signed in August of 2022, nearly $370 billion have been set aside to incentivize residential energy-efficient purchases. The Internal Revenue Code Section 25C credit was significantly enhanced as of January 1, 2023, offering greater savings to homeowners—in addition to the utility bill savings associated with energy-efficient HVAC systems.

Learn more about the Inflation Reduction Act's Energy Efficient Home Improvement Tax Credit (25C).

Your state or local municipality may offer additional rebate programs relating to energy-efficient upgrades. Use the EcoRebates search tool at the top of this page to discover additional rebates available in your area.

Please note: The rebate programs vary from state to state, and can differ depending on your income.

How to apply for a federal energy tax credit

Subject to IRS regulations, tax credits apply as a direct reduction of taxes owed. To apply, follow these steps.

number one

Step one

Download your system’s manufacturer’s certificate for your records.

number two

Step two

Consult a tax professional on other ways to take advantage of energy tax credits.

number three

Step three

Submit Form 5695 with your tax returns to the IRS. Learn how to properly submit here.

Manufacturer’s certificates

Download and save the manufacturer certificate that matches your system type. These certificates will be helpful when filing your federal taxes 2023.


Heat pump unit manufacturer certificate

Your heat pump or dual fuel system must meet or exceed these efficiency ratings that vary based on system type and installed location:

Heat Pump TypeMinimum requirements
Split system in the south 15.2 SEER2, 12.0 EER2, 7.8 HSPF2
Packaged system in the south15.2 SEER2, 11.5 EER2, 7.2 HSPF2
Split or packaged system in the north15.2 SEER2, 10.0 EER2, 8.1HSPF2, COP of 1.75 at 5F and heating capacity ratio >58% at 17°F/47°F or >70% at 5°F/47°F

Gas furnace manufacturer’s certificate

Gas furnaces use natural gas or propane to generate heat for your home. Your system must meet the following efficiency rating: 97% AFUE


Air conditioner manufacturer certificate

The air conditioner in your system must have both efficiency ratings per system type:

Air Conditioner TypeMinimum requirements
Split system16.0 SEER2, 12.0 EER2
Packaged system15.2 SEER2, 11.5 EER2

FAQs

Contact a local dealer

Dealers can answer questions, help you find the right products for your home, and repair your system.

We’re here to help

Connect with our Customer Care team about your products, warranties, and dealer concerns.

Available Monday – Friday from 7am to 5pm CST

1-800-945-5884

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