For a lot of homeowners, there usually seems to be a long list of home projects that they would like to achieve or new ideas they’d like to do. While some may not be necessary, getting a new heat pump is a task that could be vital to keeping your house comfortable during the chillier months in Pflugerville.
Getting a new heat pump is a sizeable investment. You’ll definitely realize the return on investment on your indoor comfort in addition to 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 may be qualified 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 get the tax credit, you must purchase a heat pump that has received the ENERGY STAR label. When browsing for heat pumps, keep an eye out for types with the ENERGY STAR rating so you can be certain you’re getting a high-efficiency heat pump.
At Evenaire Heating & Air Conditioning, we’ll help you pick a solution that fits your needs and ensures you qualify for this tax credit. While ENERGY STAR products signify high efficiency, it’s important to 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
Qualifying for the tax credit won’t be the only savings you’ll find when you buy a new high-efficiency heat pump. Many of the most efficient models can save you hundreds of dollars on your utility costs during the year. And your household will also have more confidence in your HVAC system to keep your house at just the right comfort level.
Whether you think of questions concerning your eligibility for a tax credit, or if there are additional local savings you could be eligible for by installing a new high-efficiency heat pump, give our team at Evenaire Heating & Air Conditioning a call at 512-355-1482. You may also visit ENERGY STAR or reach out to your local utility company if you have questions about other eligible home products.