For most families, there usually seems to be a large list of home improvement tasks that they would like to complete or new ideas they’d like to do. While a few may not be necessary, buying a new heat pump is a project that could be critical to keeping your indoor space comfortable through the chillier months in Ord.

Buying a new heat pump is a great investment. You’ll absolutely recognize the return on investment on your indoor comfort as well as your monthly bills, but it could be a tad daunting at first. The good news is that when you select 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 get the tax credit, you must purchase a heat pump that has received the ENERGY STAR label. When browsing for heat pumps, watch for solutions with the ENERGY STAR rating so you can be certain you’re choosing a high-efficiency heat pump.

At Wadas Inc., our team will help you identify a solution that fits your needs and helps you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you should confirm the heat pump you pick 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 buy a new high-efficiency heat pump. Several of the most efficient models can save you hundreds of dollars on your energy bills all year long. And the family will also have higher confidence in your HVAC system to keep your house at just the right comfort level.

When you come across questions about your eligibility for a tax credit, or if there are further local savings you could be eligible for by getting a new high-efficiency heat pump, give our team at Wadas Inc. a call at 308-728-3132. You could also visit ENERGY STAR or call your local utility organization if you have questions about other eligible home products.