For a lot of homeowners, there always seems to be a lengthy list of home improvement projects that they would like to complete or new ideas they’d like to do. While several may not be required, purchasing a new heat pump is an example of a job that could be critical to keeping your indoor space comfortable through the cooler months in McAllen.

Purchasing a new heat pump is a large investment. You’ll absolutely see the return on investment on your indoor comfort as well as your utility costs, but it could be a little daunting at first. The good news is that when you purchase a new energy-efficient heat pump, you might 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 buy a heat pump that has received the ENERGY STAR label. When researching heat pumps, watch for products with the ENERGY STAR rating so you can be certain you’re getting a high-efficiency heat pump.

At Cytech Heating & Cooling L.C., our experts help you pick a solution that matches your needs and helps you qualify for this tax credit. While ENERGY STAR products designate high efficiency, it’s important to 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 won’t be the only savings you’ll find when you purchase a new high-efficiency heat pump. Several of the most efficient models can save you hundreds of dollars on your energy costs throughout the year. And you’ll also have higher confidence in your HVAC system to keep your house at just the right temp.

When you think of questions regarding your eligibility for a tax credit, or if there are additional local savings you might be eligible for by getting a new high-efficiency heat pump, give our team at Cytech Heating & Cooling L.C. a call at 956-553-3265. You may also visit ENERGY STAR or reach out to your local utility organization if you have questions about other eligible home products.