For many households, there always seems to be a long list of home tasks that they would like to achieve or new ideas they’d like to attempt. While a few may not be necessary, buying a new heat pump is a project that could be vital to keeping your house comfortable throughout the cooler months in Lafayette.

Selecting a new heat pump is a big investment. You’ll absolutely feel the return on investment on your indoor comfort along with your energy bills, but it may be a tad overwhelming at first. The good news is that when you select a new energy-efficient heat pump, you may be eligible 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 receive the tax credit, you must purchase a heat pump that has gotten the ENERGY STAR label. When browsing for heat pumps, keep an eye out for products with the ENERGY STAR rating so you can be sure you’re choosing a high-efficiency heat pump.

At AC Sales, we’ll help you select a solution that matches your needs and helps you qualify for this tax credit. While ENERGY STAR products signify high efficiency, you’ll need to confirm the heat pump you buy 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 find when you purchase a new high-efficiency heat pump. Several 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 maintain your indoor space at just the right comfort level.

If you think of questions regarding your eligibility for a tax credit, or if there are additional local savings you might be eligible for by getting a new high-efficiency heat pump, give our team at AC Sales a call at (337) 234-2345. You may also visit ENERGY STAR or call your local utility establishment if you have questions about other eligible home products.