For a lot of households, there usually seems to be a long list of home improvement tasks that they want to get done or new ideas they’d like to attempt. While several may not be necessities, buying a new heat pump is an example of a project that could be vital to keeping your home comfortable during the colder months in Pflugerville.

Selecting a new heat pump is a sizeable investment. You’ll definitely recognize the return on investment on your indoor comfort as well as your monthly bills, but it might be a bit intimidating at first. The good news is that when you purchase a new energy-efficient heat pump, you might be qualified for a federal tax credit.

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

At Evenaire Heating & Air Conditioning, our experts help you pick a solution that meets your needs and helps you qualify for this tax credit. While ENERGY STAR products signify high efficiency, you should confirm the heat pump you pick 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

This tax credit will not be the only savings you’ll observe when you select a new high-efficiency heat pump. Some of the most efficient heat pumps can save you hundreds of dollars on your energy costs during the year. And the family will also have greater confidence in your HVAC system to help your home stay at just the right temperature.

If you come across questions concerning your eligibility for a tax credit, or if there are other local savings you could be eligible for by getting a new high-efficiency heat pump, give our team at Evenaire Heating & Air Conditioning a call at 512-355-1482. You can also visit ENERGY STAR or reach out to your local utility company if you have questions about other eligible home products.