For many homeowners, there always seems to be a large list of house to-do’s that they would like to get done or new ideas they’d like to attempt. While some may not be required, purchasing a new heat pump is a project that could be key to keeping your home comfortable throughout the chillier months in Grass Valley.
Getting a new heat pump is a sizeable investment. You’ll absolutely realize the return on investment on your indoor comfort along with your monthly bills, but it could be a little daunting at first. The good news is that when you select 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 pushed through December 31, 2020. In order to obtain the tax credit, you must select a heat pump that has gotten the ENERGY STAR label. When researching heat pumps, watch for products with the ENERGY STAR rating so you can be certain you’re selecting a high-efficiency heat pump.
At A&A Air Conditioning, Heating & Sheet Metal, 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, you should confirm the heat pump you purchase 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 won’t be the only savings you’ll find when you buy a new high-efficiency heat pump. Several of the most efficient heat pumps can save you hundreds of dollars on your energy bills throughout the year. And your household will also have higher confidence in your HVAC system to maintain your indoor space at just the right comfort level.
When you think of questions about your eligibility for a tax credit, or if there are other local savings you could be eligible for by getting a new high-efficiency heat pump, give our experts at A&A Air Conditioning, Heating & Sheet Metal a call at 530-273-1301. You may also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.