How do I submit a rebate?

Enter your zip code in the search bar above and find your unit. If a local rebate is available, select the “Get Form” button to download your paperwork. Complete the form and submit it to your local utility provider for approval.

What federal tax credits are available for residential energy use?

The August 2022 Inflation Reduction Act extended a previous version of the Non-Business Energy Property Tax Credit (IRS code 25C) through 2022, and further expanded the incentive opportunity for 1/01/2023 through 12/31/2032. Starting in 2023, this tax credit will be known as the Energy Efficient Home Tax Credit.

Who qualifies to claim a federal energy tax credit? Are there limitations?

Homeowners who made energy-efficient improvements to their principal residence during the taxable year may qualify for federal energy tax credits. From 2018 through 2022, the residential energy property credit (IRS Code 25C) is limited to an overall lifetime credit of $500. Other individual credit limitations through 2022 include: $50 for advanced main air circulating fans $150 for qualified natural gas, propane, or oil furnaces or hot water boilers $300 for energy-efficient building property items Beginning on 01/01/2023 and extending through 12/31/2032, the expanded version of 25C, renamed as the Energy Efficient Home Improvement Tax Credit, allows homeowners to claim 30 percent of the costs of energy-efficient upgrades, up to an annual (not lifetime) limit of $1,200. Other individual credit limitations include: $150 annual limit for home energy audits $600 annual limit for certain qualifying air conditioners and furnaces $2,000 annual limit for certain qualifying heat pumps (the one exception to the $1,200 limit) These energy credits are nonrefundable, meaning they allow taxpayers to lower their tax liability to zero, but not below zero.

Where can I learn more about energy tax credits?

If you have additional questions about tax credits, speak with a tax professional. Energystar.gov also provides details about recent tax credit changes.

When will forms and certificates be available for 2023?

We are waiting on the IRS to define the application process for 2023 and beyond and will update information when it is available. There is not currently an established timeline for this.

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).

Find local offers

View tax credit incentives

Find local offers

View tax credit incentives

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.

2023 Trane Unstoppable Event

Up to $600* in Instant Rebates and 0% APR for 60 months¹

Buy qualifying equipment, receive an instant rebate and take advantage of Trane’s 2023 Special Financing offer available through participating dealers. See your participating independent Trane Comfort Specialist Dealer for details.

Offer valid through 04/01/2023 - 06/30/2023

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

Inflation Reduction Act Incentive Details

Recent legislation changes mean your HVAC home improvements may offer you more than energy savings. The Inflation Reduction Act (IRA), signed in August 2022, dedicates nearly $370 billion to climate and energy programs, including tax credits and rebate programs intended to offer incentives for energy-efficient purchases.

The IRA includes an extension of the Non-Business Energy Property Tax Credit (Internal Revenue Code Section 25C), which provides a tax credit to homeowners when installing certain residential heating and cooling equipment. This credit has been significantly enhanced and renamed as the Energy-Efficient Home Improvement Tax Credit beginning January 1, 2023.

Through 12/31/2022 – Homeowners who install equipment before December 31st, 2022 that meets energy efficiency requirements may be eligible for tax credits from $50 to $300, or in some cases, 10 percent of the installed costs (up to a $500 maximum).
Starting 01/01/2023 through 12/31/2032 –The Energy Efficient Home Improvement Tax Credit provides homeowners up to 30% of installation costs for qualified expenditures, with an annual maximum of $1,200. Qualified air conditioners and furnaces can receive up to $600 each. Qualified heat pumps have a separate aggregate yearly limit allowing the taxpayer to claim up to $2,000. Thus, the maximum total yearly 25C credit amount may be up to $3,200.

Please note: Specific information regarding the qualified systems and how to claim Home Improvement Tax Credits for 2023 and beyond is forthcoming pending the release of application instruction from the IRS.

Your state may already have additional rebate programs related to energy efficiency, or such programs may soon become available as a result of IRA guidance. Review the EcoRebates search tool at the top of this page to discover additional rebates available in your area.

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

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. Note: The process outlined below is for the filing process for equipment installed prior to December 31st 2022. The IRS has not yet defined the process for 2023. Check back for updates.

Step one

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

Step two

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

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 for 2022. *Note: The 2023 application process is not yet available from the IRS. Check back for updates and certificates, if applicable.

Advanced main air circulating fan manufacturer’s certificate

Advanced main air circulating fans can be found in gas furnaces and packaged systems. Packaged systems are all-in-one solutions with most of the equipment housed in a single cabinet. The fan should utilize no more than 2% of the furnace’s total energy.