For most families, there always seems to be a lengthy list of house to-do’s that they would like to get done or new ideas they’d like to try. While some may not be necessary, getting a new heat pump is a task that could be vital to keeping your home comfortable during the cooler months in Branchville.

Getting a new heat pump is a sizeable investment. You’ll certainly feel the return on investment on your indoor comfort along with your energy bills, but it may be a tad daunting at first. The good news is that when you purchase 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 prolonged through December 31, 2020. In order to get the tax credit, you must buy a heat pump that has gotten the ENERGY STAR label. When researching heat pumps, watch for types with the ENERGY STAR rating so you can be sure you’re choosing a high-efficiency heat pump.

At Willco Air Conditioning, Refrigeration & Heating Inc., we’ll help you identify a solution that meets your needs and makes sure you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you should confirm the heat pump you choose 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 won’t be the only savings you’ll receive when you select a new high-efficiency heat pump. Many of the most efficient models can save you hundreds of dollars on your energy bills during the year. And you’ll also have greater confidence in your HVAC system to keep your house at just the right comfort level.

Whether you come across questions regarding your eligibility for a tax credit, or if there are further local savings you could be eligible for by purchasing a new high-efficiency heat pump, give our team at Willco Air Conditioning, Refrigeration & Heating Inc. a call at 862-345-6896. You may also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.