For a lot of families, there typically seems to be a long list of home improvement tasks that they would like to complete 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 critical to keeping your home comfortable throughout the colder months in Rio Grande Valley.
Selecting a new heat pump is a large investment. You’ll definitely realize the return on investment on your indoor comfort along with your monthly bills, but it could be a bit intimidating at first. The good news is that when you purchase 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 pushed through December 31, 2020. In order to receive the tax credit, you must select a heat pump that has received the ENERGY STAR label. When shopping for heat pumps, look for types with the ENERGY STAR rating so you can be sure you’re selecting a high-efficiency heat pump.
At Cytech Heating & Cooling L.C., our experts help you choose a solution that meets your needs and helps you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you’ll need to confirm the heat pump you choose 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 get a new high-efficiency heat pump. Many of the most efficient models can save you hundreds of dollars on your energy bills all year long. And you’ll also have more confidence in your HVAC system to help your home stay at just the right temperature.
Whether you have questions concerning 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 Cytech Heating & Cooling L.C. a call at 956-630-3522. You could also visit ENERGY STAR or reach out to your local utility establishment if you have questions about other eligible home products.