For many families, there typically seems to be a large list of home to-do’s that they need to complete or new ideas they’d like to attempt. While a few may not be required, buying a new heat pump is one project that could be critical to keeping your home comfortable during the colder months in Boynton Beach.
Purchasing a new heat pump is a great investment. You’ll definitely notice the return on investment on your indoor comfort as well as your energy bills, but it may be a tad daunting at first. The good news is that when you buy a new energy-efficient heat pump, you might 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 gotten the ENERGY STAR label. When researching heat pumps, watch for solutions with the ENERGY STAR rating so you can be certain you’re selecting a high-efficiency heat pump.
At A2Z Air Inc, our team will help you identify a solution that matches your needs and ensures you qualify for this tax credit. While ENERGY STAR products indicate high efficiency, you’ll need to confirm the heat pump you buy 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
Taking advantage of this opportunity is not going to be the only savings you’ll observe 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 your household will also have higher confidence in your HVAC system to help your home stay at just the right comfort level.
Whether you have questions concerning your eligibility for a tax credit, or if there are additional local savings you might be eligible for by installing a new high-efficiency heat pump, give our experts at A2Z Air Inc a call at 561-270-6228. You can also visit ENERGY STAR or call your local utility establishment if you have questions about other eligible home products.