For most families, there typically seems to be a large list of home improvement projects that they would like to complete or new ideas they’d like to attempt. While some may not be necessities, getting a new heat pump is an example of a task that could be critical to keeping your indoor space comfortable through the chillier months in Tucson and Phoenix.
Purchasing a new heat pump is a big investment. You’ll certainly notice the return on investment on your indoor comfort in addition to your utility costs, but it may be a little overwhelming 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 prolonged through December 31, 2020. In order to receive the tax credit, you must select a heat pump that has earned the ENERGY STAR label. When researching heat pumps, keep an eye out for products with the ENERGY STAR rating so you can be certain you’re choosing a high-efficiency heat pump.
At Desert Husky HVAC/R Services, our experts help you choose a solution that meets 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 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 find when you buy a new high-efficiency heat pump. Some of the most efficient heat pumps can save you hundreds of dollars on your utility costs all year long. And your household will also have higher confidence in your HVAC system to help your home stay at just the right temperature.
When you think of 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 team at Desert Husky HVAC/R Services a call at 520-416-5415. You can also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.