For a lot of families, there typically seems to be a long list of home improvement tasks that they would like to get done or new ideas they’d like to try. While a few may not be necessities, buying a new heat pump is a project that could be critical to keeping your home comfortable throughout the chillier months in Pflugerville.

Getting a new heat pump is a large investment. You’ll absolutely recognize the return on investment on your indoor comfort along with your utility costs, but it may be a tad intimidating at first. The good news is that when you purchase a new energy-efficient heat pump, you may be approved for a federal tax credit.

According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were prolonged through December 31, 2020. In order to receive the tax credit, you must purchase a heat pump that has received the ENERGY STAR label. When browsing for heat pumps, watch for types with the ENERGY STAR rating so you can be sure you’re getting a high-efficiency heat pump.

At Evenaire Heating & Air Conditioning, our team will help you select a solution that matches your needs and helps you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you’ll need to confirm the heat pump you buy has the following requirements.

For Split Systems:

  • Heating Seasonal Performance Factor (HSPF): 8.5 or higher
  • Energy Efficiency Ratio (EER): 12.5 or higher
  • Seasonal Energy Efficiency Ratio (SEER): 15 or higher

For Package Systems:

  • HSPF: 8 or higher
  • EER: 12 or higher
  • SEER: 14 or higher

Taking advantage of this opportunity won’t be the only savings you’ll observe when you select a new high-efficiency heat pump. Some of the most efficient models can save you hundreds of dollars on your energy costs throughout the year. And your household will also have more confidence in your HVAC system to keep your house at just the right comfort level.

If you have questions concerning your eligibility for a tax credit, or if there are further local savings you may be eligible for by purchasing a new high-efficiency heat pump, give our pros at Evenaire Heating & Air Conditioning a call at 512-355-1482. You may also visit ENERGY STAR or call your local utility company if you have questions about other eligible home products.