
For most families, there typically seems to be a long list of house tasks that they need to achieve or new ideas they’d like to do. While some may not be necessary, buying a new heat pump is a job that could be critical to keeping your house comfortable throughout the colder months in Boynton Beach.
Buying a new heat pump is a large investment. You’ll certainly notice 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 pick 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 prolonged through December 31, 2020. In order to receive the tax credit, you must select a heat pump that has received the ENERGY STAR label. When researching heat pumps, keep an eye out for types with the ENERGY STAR rating so you can be certain you’re getting a high-efficiency heat pump.
At A2Z Air Inc, we’ll help you pick a solution that fits your needs and helps you qualify for this tax credit. While ENERGY STAR products indicate 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
Qualifying for the tax credit won’t be the only savings you’ll receive when you select a new high-efficiency heat pump. Some of the most efficient heat pumps can save you hundreds of dollars on your energy costs during the year. And you’ll also have more confidence in your HVAC system to maintain your indoor space at just the right temp.
Whether you have 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 A2Z Air Inc a call at 561-270-6228. You may also visit ENERGY STAR or call your local utility establishment if you have questions about other eligible home products.