For a lot of households, there always seems to be a lengthy list of home to-do’s that they would like to achieve or new ideas they’d like to do. While several may not be necessary, getting a new heat pump is an example of a job that could be vital to keeping your house comfortable during the chillier months in Brookfield.
Selecting a new heat pump is a big investment. You’ll certainly see the return on investment on your indoor comfort as well as your utility costs, but it might be a tad daunting at first. The good news is that when you purchase a new energy-efficient heat pump, you might be approved 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 buy 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 certain you’re getting a high-efficiency heat pump.
At Central Air LLC, our team will help you pick a solution that fits your needs and makes sure you qualify for this tax credit. While ENERGY STAR products signify high efficiency, you should 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
Qualifying for the tax credit will not be the only savings you’ll observe when you select a new high-efficiency heat pump. Many of the most efficient solutions can save you hundreds of dollars on your energy bills during the year. And your household will also have higher confidence in your HVAC system to maintain your indoor space at just the right temperature.
If you think of questions about your eligibility for a tax credit, or if there are further local savings you could be eligible for by installing a new high-efficiency heat pump, give our pros at Central Air LLC a call at 203-357-5913. You can also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.