For most homeowners, there usually seems to be a large list of home 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 job that could be critical to keeping your home comfortable through the cooler months in Waunakee.

Buying a new heat pump is a big investment. You’ll certainly see the return on investment on your indoor comfort in addition to your utility costs, but it may be a little daunting at first. The good news is that when you buy 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 receive the tax credit, you must buy a heat pump that has received the ENERGY STAR label. When researching heat pumps, look for solutions with the ENERGY STAR rating so you can be confident you’re choosing a high-efficiency heat pump.

At Home Comfort Heating & Air Conditioning LLC, our team will help you choose a solution that meets your needs and makes sure you qualify for this tax credit. While ENERGY STAR products signify high efficiency, you’ll need 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

Qualifying for the tax credit is not going to be the only savings you’ll receive when you purchase a new high-efficiency heat pump. Several of the most efficient heat pumps can save you hundreds of dollars on your energy costs throughout the year. And your household will also have greater confidence in your HVAC system to help your home stay at just the right temp.

Whether 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 Home Comfort Heating & Air Conditioning LLC a call at 608-850-9498. You may also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.