For most families, there typically seems to be a long list of home projects that they want to complete or new ideas they’d like to try. While several may not be necessary, getting a new heat pump is a project that could be critical to keeping your home comfortable during the cooler months in Norton.

Getting a new heat pump is a large investment. You’ll absolutely see the return on investment on your indoor comfort along with your energy bills, but it may be a tad intimidating at first. The good news is that when you select a new energy-efficient heat pump, you may be approved 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 buy a heat pump that has received the ENERGY STAR label. When researching heat pumps, look for products with the ENERGY STAR rating so you can be certain you’re selecting a high-efficiency heat pump.

At HCE Systems, our team will help you identify a solution that meets your needs and helps you qualify for this tax credit. While ENERGY STAR products indicate 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

This tax credit is not going to be the only savings you’ll observe when you purchase a new high-efficiency heat pump. Several of the most efficient solutions can save you hundreds of dollars on your energy costs all year long. And you’ll also have more confidence in your HVAC system to keep your house at just the right temp.

When you come across questions concerning your eligibility for a tax credit, or if there are further local savings you might be eligible for by purchasing a new high-efficiency heat pump, give our experts at HCE Systems a call at 276-302-0076. You could also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.