For most households, there typically seems to be a large list of house to-do’s that they would like to complete or new ideas they’d like to attempt. While some may not be required, purchasing a new heat pump is a task that could be critical to keeping your house comfortable throughout the chillier months in Northridge.
Selecting a new heat pump is a large investment. You’ll definitely notice the return on investment on your indoor comfort as well as your monthly bills, but it may be a little intimidating at first. The good news is that when you pick a new energy-efficient heat pump, you might be eligible 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 purchase a heat pump that has received the ENERGY STAR label. When shopping for heat pumps, watch for types with the ENERGY STAR rating so you can be confident you’re choosing a high-efficiency heat pump.
At Enertek Air Conditioning & Heating, our team will help you identify a solution that fits your needs and makes sure you qualify for this tax credit. While ENERGY STAR products designate 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
Qualifying for the tax credit is not going to be the only savings you’ll find 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 bills throughout the year. And you’ll also have more confidence in your HVAC system to help your home stay at just the right temp.
Whether you have questions about your eligibility for a tax credit, or if there are additional local savings you may be eligible for by installing a new high-efficiency heat pump, give our pros at Enertek Air Conditioning & Heating a call at (818) 727-9993. You may also visit ENERGY STAR or contact your local utility company if you have questions about other eligible home products.