For a lot of households, there always seems to be a large list of home projects that they would like to get done or new ideas they’d like to attempt. While a few may not be required, purchasing a new heat pump is a task that could be critical to keeping your house comfortable during the colder months in Rio Grande Valley.

Purchasing a new heat pump is a sizeable investment. You’ll certainly recognize the return on investment on your indoor comfort in addition to your monthly bills, but it may be a little intimidating at first. The good news is that when you buy a new energy-efficient heat pump, you may 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 get the tax credit, you must buy a heat pump that has received 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 Cytech Heating & Cooling L.C., our team will help you pick a solution that fits your needs and ensures you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you’ll need to confirm the heat pump you purchase 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 find when you purchase a new high-efficiency heat pump. Some of the most efficient solutions can save you hundreds of dollars on your energy bills throughout the year. And the family will also have greater confidence in your HVAC system to help your home stay at just the right temperature.

Whether you think of 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 pros 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.