For a lot of households, there always seems to be a lengthy list of house to-do’s that they want to complete or new ideas they’d like to do. While some may not be necessities, getting a new heat pump is one job that could be key to keeping your house comfortable through the colder months in Heflin.
Getting a new heat pump is a great investment. You’ll definitely notice the return on investment on your indoor comfort as well as your monthly bills, but it might be a bit daunting at first. The good news is that when you buy 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 pushed through December 31, 2020. In order to get the tax credit, you must buy a heat pump that has earned the ENERGY STAR label. When browsing for heat pumps, watch for solutions with the ENERGY STAR rating so you can be confident you’re selecting a high-efficiency heat pump.
At Bain Heating & Air Conditioning, we’ll help you choose a solution that matches your needs and helps 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 won’t be the only savings you’ll observe when you purchase a new high-efficiency heat pump. Some of the most efficient models can save you hundreds of dollars on your energy bills throughout the year. And you’ll also have greater confidence in your HVAC system to keep your house at just the right comfort level.
When you think of questions regarding your eligibility for a tax credit, or if there are other local savings you may be eligible for by purchasing a new high-efficiency heat pump, give our team at Bain Heating & Air Conditioning a call at 256-270-1196. You may also visit ENERGY STAR or call your local utility establishment if you have questions about other eligible home products.