Stack HVAC Tax Credits & Rebates with SS&B Heating & Cooling—Save Big in Springfield, MO!
Can you stack HVAC tax credits and rebates? Absolutely! Learn how to maximize your savings on a new, energy-efficient system with SS&B Heating & Cooling.
Unlock Big Savings with the Inflation Reduction Act
The Inflation Reduction Act of 2022 (IRA) is a federal law aimed at reducing the budget deficit, lowering prescription drug costs, and promoting clean energy. For homeowners and renters in Springfield, MO, this means major savings on energy-efficient HVAC upgrades through federal tax credits and local rebates from City Utilities of Springfield (CU).
At SS&B Heating & Cooling, we’ll help you navigate these incentives, ensuring your new system meets regional efficiency standards while cutting energy costs and reducing your carbon footprint.
Understanding HVAC Tax Credits vs. Rebates
To maximize savings, it’s important to know the difference:
- Tax Credits – Reduce your tax bill dollar-for-dollar when you file your return (per IRS guidelines).
- Rebates – Immediate discounts at purchase or refunds issued later, often through local utility programs like those from CU.
By stacking these incentives, you can significantly lower your HVAC upgrade costs.
Inflation Reduction Act (IRA) HVAC Tax Credits
What Are IRA Tax Credits?
The IRA provides federal tax credits for HVAC systems that meet CEE Tier 1 efficiency standards for the South region. These must be installed as matched systems, such as:
✅ Heat Pump + Air Handler
✅ Heat Pump + Furnace (Dual-Fuel System)
✅ Air Conditioner + Furnace
Eligible Tax Credits Include:
- $2,000 for energy-efficient heat pumps (ducted or ductless mini-splits)
- $600 for qualifying central air conditioners
- $600 for qualified gas, oil, or propane furnaces
Since heat pumps qualify for the highest credit, they are the preferred choice for maximizing savings.
What HVAC Systems Qualify in 2025 for the South Region?
Here’s a quick look at the efficiency requirements for qualifying systems:
- Split System Air Conditioners: SEER2 ≥ 17, EER2 ≥ 12
- Gas Furnaces: AFUE ≥ 97%
- Ducted Air-Source Heat Pumps:
- Path A: SEER2 ≥ 16, EER2 ≥ 9.8, HSPF2 ≥ 8.5
- Path B: SEER2 ≥ 16, EER2 ≥ 11, HSPF2 ≥ 8.0
- Ductless Mini-Split Heat Pumps: SEER2 ≥ 16, EER2 ≥ 11, HSPF2 ≥ 8.0
- Packaged Heat Pumps: SEER2 ≥ 15.2, EER2 ≥ 10, HSPF2 ≥ 7.2
With no lifetime limit, you can stack HVAC tax credits with other home energy improvements—saving up to $3,200 per year through 2032.
Inflation Reduction Act (IRA) Rebates
The IRA also offers rebates through two programs:
1. Home Efficiency Rebates (HER/HOMES)
- Best for comprehensive energy-saving projects (e.g., HVAC + insulation).
- Savings up to $8,000 based on income & energy reduction (≥20%).
2. Home Electrification & Appliance Rebates (HEAR/HEEHRA)
- Designed for electric upgrades like heat pumps.
- Offers up to $14,000 (100% of costs for low-income, 50% for moderate-income households).
- Missouri’s area median income (AMI) limit could be well over $100,000—so don’t assume you won’t qualify!
Rebate Amounts:
- Up to $8,000 for an ENERGY STAR® heat pump
- Up to $4,000 for an electrical panel upgrade
- Up to $1,750 for an electric heat pump water heater
How to Apply:
Missouri administers these rebates through the state energy office. Check the DOE rebate tracker for updates on availability.
Local HVAC Rebates in Springfield, MO
City Utilities of Springfield (CU) offers additional rebates for qualifying HVAC upgrades:
ENERGY STAR® Central Air Conditioner Rebate
- Up to $500 rebate
- Eligibility: CU customers with electric service
- Efficiency Requirements: 15.2 SEER2, 12 EER2
ENERGY STAR® Natural Gas Furnace Rebate
- Up to $400 rebate
- Eligibility: CU customers with natural gas service
- Efficiency Requirements: 95% AFUE
ENERGY STAR® Air-Source Heat Pump Rebate
- Up to $500 rebate
- Eligibility: CU customers with electric service
- Efficiency Requirements: 15.2 SEER2, 11.7 EER2, 7.8 HSPF2
By combining federal tax credits with CU rebates, you can stack savings for even greater discounts!
How to Claim:
After installing a qualifying system with SS&B Heating & Cooling, submit proof to CU for your post-installation rebate.
Manufacturer Rebates & Utility Incentives
In addition to tax credits and CU rebates, we work with top HVAC manufacturers that offer seasonal rebates on high-efficiency systems.
Ask about Trane, Mitsubishi, and RunTru promotions when you schedule a consultation!
Stacking HVAC Tax Credits & Rebates
Yes, you can stack tax credits and rebates—but keep in mind:
✅ Your total savings cannot exceed the project cost.
✅ If you receive a utility rebate (CU), you cannot claim a tax credit for that same amount (IRS rule).
✅ Work with a tax professional and our team to maximize your benefits!
Why Choose SS&B Heating & Cooling?
Now is the perfect time to upgrade your HVAC system with SS&B Heating & Cooling. Whether you’re replacing an old unit or switching to a heat pump, we’ll help you:
✔️ Navigate federal, state, and local incentives.
✔️ Choose the right high-efficiency system for Springfield’s climate.
✔️ Ensure expert installation for long-term savings.
Our experienced team understands the ins and outs of sizing, installation, and rebate applications—making your upgrade easy and cost-effective.
📞 Contact SS&B Heating & Cooling today to schedule a consultation and start stacking your savings
