For many families, there usually seems to be a long list of house projects that they need to achieve or new ideas they’d like to attempt. While a few may not be necessities, getting a new heat pump is a task that could be vital to keeping your home comfortable through the chillier months in Thousand Palms.
Selecting a new heat pump is a great investment. You’ll definitely feel the return on investment on your indoor comfort as well as your monthly bills, but it could be a little intimidating at first. The good news is that when you purchase a new energy-efficient heat pump, you could be eligible 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 purchase a heat pump that has received the ENERGY STAR label. When browsing for heat pumps, look for types with the ENERGY STAR rating so you can be certain you’re choosing a high-efficiency heat pump.
At Marios Air Conditioning, our team will help you select a solution that meets your needs and ensures you qualify for this tax credit. While ENERGY STAR products designate high efficiency, it’s important to 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
Taking advantage of this opportunity is not going to be the only savings you’ll receive when you get a new high-efficiency heat pump. Several of the most efficient solutions can save you hundreds of dollars on your utility costs throughout the year. And the family will also have higher confidence in your HVAC system to maintain your indoor space at just the right temperature.
If you have questions concerning your eligibility for a tax credit, or if there are further local savings you may be eligible for by installing a new high-efficiency heat pump, give our experts at Marios Air Conditioning a call at 760-314-4766. You could also visit ENERGY STAR or call your local utility organization if you have questions about other eligible home products.