For most families, there typically seems to be a lengthy list of home to-do’s that they want to achieve or new ideas they’d like to do. While a few may not be required, buying a new heat pump is one task that could be key to keeping your house comfortable during the cooler months in Alice.

Getting a new heat pump is a big investment. You’ll certainly notice the return on investment on your indoor comfort in addition to your utility costs, but it may be a tad 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 earned the ENERGY STAR label. When researching heat pumps, look for types with the ENERGY STAR rating so you can be confident you’re choosing a high-efficiency heat pump.

At Rescue Heating & Air, our team will help you find a solution that matches your needs and makes sure you qualify for this tax credit. While ENERGY STAR products indicate high efficiency, you’ll need to 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

Qualifying for the tax credit will not be the only savings you’ll observe when you get a new high-efficiency heat pump. Several of the most efficient heat pumps can save you hundreds of dollars on your energy bills during the year. And you’ll also have more confidence in your HVAC system to keep your house at just the right temperature.

When you come across questions regarding 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 pros at Rescue Heating & Air a call at 361-265-4371. You could also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.