For most homeowners, there typically seems to be a large list of house to-do’s that they want to get done or new ideas they’d like to do. While some may not be necessities, buying a new heat pump is one task that could be key to keeping your indoor space comfortable during the cooler months in Justin.

Getting a new heat pump is a large investment. You’ll definitely realize the return on investment on your indoor comfort in addition to your energy bills, but it might be a little 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 purchase a heat pump that has earned the ENERGY STAR label. When researching heat pumps, watch for solutions with the ENERGY STAR rating so you can be confident you’re getting a high-efficiency heat pump.

At Pepper AC & Heat, our team will help you pick a solution that fits your needs and helps you qualify for this tax credit. While ENERGY STAR products designate high efficiency, it’s important to confirm the heat pump you select 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 buy a new high-efficiency heat pump. Several of the most efficient solutions can save you hundreds of dollars on your utility costs throughout the year. And you’ll also have higher confidence in your HVAC system to help your home stay at just the right temp.

When you have questions about 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 could also visit ENERGY STAR or contact your local utility company if you have questions about other eligible home products.