For most families, there typically seems to be a lengthy list of house projects that they want to complete or new ideas they’d like to attempt. While a few may not be required, purchasing a new heat pump is one project that could be critical to keeping your house comfortable throughout the colder months in Thousand Palms.

Getting a new heat pump is a great investment. You’ll definitely see the return on investment on your indoor comfort in addition to your utility costs, but it may be a tad overwhelming at first. The good news is that when you select a new energy-efficient heat pump, you could be qualified 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 buy a heat pump that has received the ENERGY STAR label. When researching heat pumps, watch for types with the ENERGY STAR rating so you can be sure you’re selecting a high-efficiency heat pump.

At Marios Air Conditioning, our experts help you find a solution that matches your needs and ensures you qualify for this tax credit. While ENERGY STAR products signify 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

This tax credit won’t be the only savings you’ll find when you select a new high-efficiency heat pump. Several of the most efficient models can save you hundreds of dollars on your utility costs throughout the year. And the family will also have more confidence in your HVAC system to help your home stay at just the right comfort level.

If you have questions about your eligibility for a tax credit, or if there are further local savings you may be eligible for by purchasing a new high-efficiency heat pump, give our experts at Marios Air Conditioning a call at 760-314-4766. You can also visit ENERGY STAR or reach out to your local utility establishment if you have questions about other eligible home products.