For a lot of homeowners, there usually seems to be a large list of home improvement to-do’s that they would like to achieve or new ideas they’d like to try. While several may not be necessities, purchasing a new heat pump is a job that could be critical to keeping your home comfortable through the colder months in Manor and Austin.

Selecting a new heat pump is a great investment. You’ll absolutely recognize the return on investment on your indoor comfort as well as your energy bills, but it could be a bit daunting at first. The good news is that when you buy 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 obtain the tax credit, you must select 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 sure you’re getting a high-efficiency heat pump.

At Country Thyme AC & Home Services, we’ll help you find a solution that fits your needs and helps you qualify for this tax credit. While ENERGY STAR products indicate 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

Qualifying for the tax credit will not be the only savings you’ll find when you get a new high-efficiency heat pump. Many of the most efficient heat pumps 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 help your home stay at just the right temperature.

When you think of questions concerning your eligibility for a tax credit, or if there are further local savings you could be eligible for by purchasing a new high-efficiency heat pump, give our pros at Country Thyme AC & Home Services a call at 512-954-2223. You could also visit ENERGY STAR or call your local utility organization if you have questions about other eligible home products.