For many homeowners, there usually seems to be a long list of home tasks that they need to get done or new ideas they’d like to try. While a few may not be required, getting a new heat pump is a job that could be vital to keeping your home comfortable through the colder months in Justin.

Getting a new heat pump is a big investment. You’ll absolutely notice the return on investment on your indoor comfort as well as your monthly bills, but it may be a bit daunting at first. The good news is that when you select 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 pushed through December 31, 2020. In order to obtain the tax credit, you must purchase a heat pump that has gotten the ENERGY STAR label. When browsing for heat pumps, look for types with the ENERGY STAR rating so you can be confident you’re choosing a high-efficiency heat pump.

At Pepper AC & Heat, our experts help you choose a solution that fits your needs and helps you qualify for this tax credit. While ENERGY STAR products signify high efficiency, you’ll need to confirm the heat pump you choose 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 won’t be the only savings you’ll find when you buy a new high-efficiency heat pump. Some of the most efficient models can save you hundreds of dollars on your utility costs throughout the year. And the family will also have higher confidence in your HVAC system to maintain your indoor space at just the right temperature.

If you come across questions regarding your eligibility for a tax credit, or if there are other local savings you could be eligible for by installing a new high-efficiency heat pump, give our pros at Pepper AC & Heat a call at 940-202-1184. You may also visit ENERGY STAR or reach out to your local utility establishment if you have questions about other eligible home products.