For a lot of families, there typically seems to be a large list of home improvement projects that they need to achieve or new ideas they’d like to try. While several may not be required, getting a new heat pump is a project that could be key to keeping your home comfortable during the cooler months in Pflugerville.

Selecting a new heat pump is a great investment. You’ll definitely realize the return on investment on your indoor comfort along with your energy bills, but it could be a little overwhelming at first. The good news is that when you buy 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 obtain the tax credit, you must purchase a heat pump that has earned the ENERGY STAR label. When browsing for heat pumps, keep an eye out for types with the ENERGY STAR rating so you can be confident you’re selecting a high-efficiency heat pump.

At Evenaire Heating & Air Conditioning, our team will help you choose a solution that fits your needs and makes sure you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you’ll need to confirm the heat pump you purchase 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 purchase a new high-efficiency heat pump. Several of the most efficient heat pumps can save you hundreds of dollars on your utility costs all year long. And you’ll also have greater confidence in your HVAC system to maintain your indoor space at just the right temp.

Whether you have questions regarding your eligibility for a tax credit, or if there are further local savings you may be eligible for by getting 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 reach out to your local utility organization if you have questions about other eligible home products.