For a lot of households, there usually seems to be a long list of house to-do’s that they need to complete or new ideas they’d like to try. While several may not be necessary, getting a new heat pump is a task that could be vital to keeping your indoor space comfortable throughout the cooler months in Lambertville.

Getting a new heat pump is a sizeable investment. You’ll certainly recognize the return on investment on your indoor comfort as well as your energy bills, but it might be a tad intimidating at first. The good news is that when you buy a new energy-efficient heat pump, you may be qualified 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 get the tax credit, you must select a heat pump that has received the ENERGY STAR label. When researching heat pumps, keep an eye out for types with the ENERGY STAR rating so you can be sure you’re choosing a high-efficiency heat pump.

At Stellitano Home Services, our team will help you pick a solution that meets your needs and ensures you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you should confirm the heat pump you select 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 will not be the only savings you’ll find when you get a new high-efficiency heat pump. Some of the most efficient models can save you hundreds of dollars on your utility costs throughout the year. And you’ll also have greater confidence in your HVAC system to maintain your indoor space at just the right comfort level.

Whether you have questions regarding your eligibility for a tax credit, or if there are further local savings you might be eligible for by getting a new high-efficiency heat pump, give our experts at Stellitano Home Services a call at 609-483-2205. You may also visit ENERGY STAR or call your local utility organization if you have questions about other eligible home products.