For many households, there typically seems to be a large list of house to-do’s that they need to complete or new ideas they’d like to try. While some may not be necessities, getting a new heat pump is an example of a task that could be vital to keeping your home comfortable during the chillier months in Ames.

Getting a new heat pump is a big investment. You’ll certainly realize 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 could be approved for a federal tax credit.

According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were extended through December 31, 2020. In order to receive the tax credit, you must buy a heat pump that has earned the ENERGY STAR label. When browsing for heat pumps, look for types with the ENERGY STAR rating so you can be certain you’re selecting a high-efficiency heat pump.

At Haselhoff Air Solutions, our team will help you identify a solution that fits your needs and ensures you qualify for this tax credit. While ENERGY STAR products signify high efficiency, you’ll need 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

This tax credit will not be the only savings you’ll receive when you buy a new high-efficiency heat pump. Several of the most efficient solutions can save you hundreds of dollars on your energy bills during the year. And your household will also have more confidence in your HVAC system to help your home stay at just the right temperature.

When you have questions about your eligibility for a tax credit, or if there are other local savings you might be eligible for by getting a new high-efficiency heat pump, give our team at Haselhoff Air Solutions a call at 515-450-8739. You may also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.