For a lot of families, there typically seems to be a large list of home to-do’s that they would like to complete or new ideas they’d like to attempt. While several may not be necessities, getting a new heat pump is a task that could be key to keeping your house comfortable during the colder months in Ames.

Getting a new heat pump is a big investment. You’ll certainly see the return on investment on your indoor comfort in addition to your monthly bills, but it could be a little overwhelming at first. The good news is that when you purchase 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 purchase a heat pump that has earned the ENERGY STAR label. When shopping for heat pumps, watch for types with the ENERGY STAR rating so you can be certain you’re selecting a high-efficiency heat pump.

At Haselhoff Air Solutions, we’ll help you select a solution that matches your needs and ensures you qualify for this tax credit. While ENERGY STAR products signify high efficiency, you should 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 will not be the only savings you’ll observe when you buy a new high-efficiency heat pump. Some of the most efficient heat pumps can save you hundreds of dollars on your utility costs during the year. And your household will also have higher confidence in your HVAC system to maintain your indoor space at just the right temp.

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