For a lot of households, there usually seems to be a large list of home improvement projects that they want to get done or new ideas they’d like to attempt. While some may not be necessities, getting a new heat pump is one job that could be vital to keeping your house comfortable during the chillier months in Cape Coral.
Getting a new heat pump is a great investment. You’ll definitely see the return-on-investment on your indoor comfort as well as your utility costs, but it may be a bit daunting at first. The good news is that when you pick a new energy-efficient heat pump, you may be approved 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 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 confident you’re selecting a high-efficiency heat pump.
At Comfort Zone Inc, we’ll help you choose a solution that meets your needs and makes sure you qualify for this tax credit. While ENERGY STAR products indicate high efficiency, you should confirm the heat pump you select 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 will not be the only savings you’ll observe when you get a new high-efficiency heat pump. Many of the most efficient heat pumps can save you hundreds of dollars on your utility costs during the year. And you’ll also have higher confidence in your HVAC system to maintain your indoor space at just the right temp.
When you come across questions concerning your eligibility for a tax credit, or if there are other local savings you could be eligible for by installing a new high-efficiency heat pump, give our experts at Comfort Zone Inc a call at 239-214-0411. You can also visit ENERGY STAR or contact your local utility company if you have questions about other eligible home products.