For most families, there usually seems to be a large list of house projects that they would like to get done or new ideas they’d like to attempt. While several may not be necessities, getting a new heat pump is a job that could be key to keeping your home comfortable throughout the colder months in McPherson.

Buying a new heat pump is a large investment. You’ll definitely recognize the return on investment on your indoor comfort in addition to your energy bills, but it may be a bit intimidating at first. The good news is that when you purchase 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 prolonged through December 31, 2020. In order to receive the tax credit, you must purchase a heat pump that has earned the ENERGY STAR label. When researching heat pumps, watch for solutions with the ENERGY STAR rating so you can be sure you’re selecting a high-efficiency heat pump.

At McPherson Quality Air & Plumbing, our team will help you pick a solution that meets your needs and makes sure you qualify for this tax credit. While ENERGY STAR products designate high efficiency, it’s important 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

Taking advantage of this opportunity will not be the only savings you’ll find when you get a new high-efficiency heat pump. Several of the most efficient solutions 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 help your home stay at just the right temperature.

If you come across questions concerning your eligibility for a tax credit, or if there are further local savings you may be eligible for by installing a new high-efficiency heat pump, give our team at McPherson Quality Air & Plumbing a call at 620-209-5030. You could also visit ENERGY STAR or reach out to your local utility company if you have questions about other eligible home products.