For a lot of families, there typically seems to be a lengthy list of home improvement tasks that they need to get done or new ideas they’d like to try. While a few may not be necessary, getting a new heat pump is one task that could be critical to keeping your home comfortable throughout the cooler months in Brookfield.
Purchasing a new heat pump is a sizeable investment. You’ll definitely feel the return on investment on your indoor comfort in addition to your energy bills, but it may be a tad overwhelming 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 prolonged through December 31, 2020. In order to get the tax credit, you must buy a heat pump that has gotten the ENERGY STAR label. When shopping for heat pumps, look for solutions with the ENERGY STAR rating so you can be confident you’re choosing a high-efficiency heat pump.
At Central Air LLC, our team will help you choose a solution that fits your needs and helps you qualify for this tax credit. While ENERGY STAR products indicate 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
Taking advantage of this opportunity is not going to be the only savings you’ll observe when you select a new high-efficiency heat pump. Some of the most efficient solutions 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 temp.
Whether you think of questions regarding your eligibility for a tax credit, or if there are other local savings you could be eligible for by purchasing a new high-efficiency heat pump, give our experts at Central Air LLC a call at 203-357-5913. You may also visit ENERGY STAR or call your local utility company if you have questions about other eligible home products.