For a lot of homeowners, there typically seems to be a large list of home improvement to-do’s that they would like to get done or new ideas they’d like to attempt. While several may not be necessities, getting a new heat pump is one project that could be critical to keeping your home comfortable throughout the chillier months in Tucson.
Selecting a new heat pump is a great investment. You’ll certainly feel the return-on-investment on your indoor comfort in addition to your utility costs, but it may be a bit intimidating at first. The good news is that when you select a new energy-efficient heat pump, you may be qualified 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 get the tax credit, you must select a heat pump that has received the ENERGY STAR label. When shopping for heat pumps, keep an eye out for products with the ENERGY STAR rating so you can be confident you’re choosing a high-efficiency heat pump.
At A&M Heating & Cooling LLC, our experts help you identify a solution that meets your needs and makes sure you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you’ll need to confirm the heat pump you pick 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 purchase a new high-efficiency heat pump. Several of the most efficient models can save you hundreds of dollars on your energy costs throughout the year. And the family will also have greater confidence in your HVAC system to keep your house at just the right temperature.
If you think of questions concerning your eligibility for a tax credit, or if there are other local savings you might be eligible for by purchasing a new high-efficiency heat pump, give our experts at A&M Heating & Cooling LLC a call at 520-200-1048. You may also visit ENERGY STAR or call your local utility company if you have questions about other eligible home products.