For most households, there usually seems to be a lengthy list of home improvement tasks that they need to achieve or new ideas they’d like to try. While a few may not be necessities, purchasing a new heat pump is one job that could be key to keeping your home comfortable throughout the cooler months in Gardnerville.

Getting a new heat pump is a sizeable investment. You’ll absolutely see the return on investment on your indoor comfort as well as your monthly bills, but it may be a bit 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 extended through December 31, 2020. In order to obtain the tax credit, you must purchase a heat pump that has received the ENERGY STAR label. When researching heat pumps, watch for solutions with the ENERGY STAR rating so you can be sure you’re getting a high-efficiency heat pump.

At Beach & Sons Mechanical, Inc., our experts help you pick a solution that matches your needs and helps you qualify for this tax credit. While ENERGY STAR products indicate 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

Qualifying for the tax credit won’t be the only savings you’ll find when you purchase a new high-efficiency heat pump. Many of the most efficient models can save you hundreds of dollars on your utility costs all year long. And you’ll also have higher confidence in your HVAC system to keep your house at just the right temp.

When you have questions about your eligibility for a tax credit, or if there are additional local savings you may be eligible for by installing a new high-efficiency heat pump, give our pros at Beach & Sons Mechanical, Inc. a call at 775-782-0055. You could also visit ENERGY STAR or reach out to your local utility company if you have questions about other eligible home products.