Is energy efficient home air conditioning SEER 14 deductible for 2007?

Question

Is energy efficient home air conditioning SEER 14 deductible for 2007?

Answer 1

According to the Energy Star website, split AC units with an EER of 12.5 or greater and an SEER of 15 or greater and package systems with an EER of 12 or greater and an SEER of 14 or greater are eligible for a $300 tax credit.  These purchases must be from before December 31, 2007 and are subject to the $500 tax credit ceiling.  For energy efficient and Energy Star air conditioners (and other green products), check out http://greenhome.huddler.com/

Answer 2

I hope not.

Answer 3

As long as you spend an equal amount for the Rev. Al Gore's carbon offset credits.