For a lot of families, there typically seems to be a large list of home to-do’s that they want to achieve or new ideas they’d like to try. While some may not be necessary, purchasing a new heat pump is a project that could be critical to keeping your house comfortable during the cooler months in Lafayette.

Selecting a new heat pump is a big investment. You’ll certainly notice the return on investment on your indoor comfort as well as your monthly bills, but it could be a tad daunting at first. The good news is that when you buy a new energy-efficient heat pump, you might 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 obtain the tax credit, you must purchase a heat pump that has earned the ENERGY STAR label. When researching heat pumps, watch for types with the ENERGY STAR rating so you can be confident you’re choosing a high-efficiency heat pump.

At AC Sales, our team will help you choose a solution that matches your needs and makes sure you qualify for this tax credit. While ENERGY STAR products indicate high efficiency, it’s important to 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

Taking advantage of this opportunity is not going to be the only savings you’ll find when you buy a new high-efficiency heat pump. Many of the most efficient models can save you hundreds of dollars on your energy costs all year long. And your household will also have greater confidence in your HVAC system to help your home stay at just the right temperature.

When you have questions concerning your eligibility for a tax credit, or if there are other local savings you might be eligible for by installing a new high-efficiency heat pump, give our experts at AC Sales a call at (337) 234-2345. You can also visit ENERGY STAR or reach out to your local utility organization if you have questions about other eligible home products.