
For a lot of homeowners, there usually seems to be a long list of home tasks that they would like to achieve or new ideas they’d like to do. While several may not be necessary, getting a new heat pump is an example of a job that could be vital to keeping your indoor space comfortable during the cooler months in Delray Beach.
Buying a new heat pump is a great investment. You’ll definitely notice the return on investment on your indoor comfort in addition to your energy bills, but it might 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 receive the tax credit, you must purchase a heat pump that has gotten the ENERGY STAR label. When shopping for heat pumps, look for types with the ENERGY STAR rating so you can be sure you’re choosing a high-efficiency heat pump.
At Kilbourne Heating & AC, our team will help you choose a solution that matches your needs and helps you qualify for this tax credit. While ENERGY STAR products signify high efficiency, it’s important to confirm the heat pump you buy 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 find when you get a new high-efficiency heat pump. Some of the most efficient heat pumps can save you hundreds of dollars on your energy bills all year long. And your household will also have greater confidence in your HVAC system to keep your house at just the right temp.
If you come across questions about your eligibility for a tax credit, or if there are further local savings you may be eligible for by installing a new high-efficiency heat pump, give our experts at Kilbourne Heating & AC a call at 561-287-7071. You could also visit ENERGY STAR or call your local utility establishment if you have questions about other eligible home products.