For most families, there typically seems to be a lengthy list of home improvement tasks that they want to get done or new ideas they’d like to do. While several may not be required, buying a new heat pump is a task that could be critical to keeping your indoor space comfortable throughout the cooler months in Fresno.

Buying a new heat pump is a large investment. You’ll definitely feel the return on investment on your indoor comfort in addition to your energy bills, but it could be a little overwhelming at first. The good news is that when you buy a new energy-efficient heat pump, you might be eligible 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 buy a heat pump that has received the ENERGY STAR label. When browsing for heat pumps, watch for types with the ENERGY STAR rating so you can be sure you’re choosing a high-efficiency heat pump.

At Donald P. Dick Air Conditioning, we’ll help you choose a solution that matches 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 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 select a new high-efficiency heat pump. Many of the most efficient solutions can save you hundreds of dollars on your energy costs all year long. And your household will also have more confidence in your HVAC system to help your home stay at just the right comfort level.

When you have questions regarding your eligibility for a tax credit, or if there are further local savings you could be eligible for by installing a new high-efficiency heat pump, give our experts at Donald P. Dick Air Conditioning a call at 559-255-1644. You could also visit ENERGY STAR or reach out to your local utility organization if you have questions about other eligible home products.