For a lot of households, there usually seems to be a lengthy list of home improvement projects that they need to achieve or new ideas they’d like to try. While some may not be necessities, getting a new heat pump is an example of a task that could be key to keeping your house comfortable throughout the cooler months in Santa Clarita.

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

At Verona HVAC, we’ll help you choose a solution that meets your needs and ensures you qualify for this tax credit. While ENERGY STAR products indicate high efficiency, you’ll need 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

Qualifying for the tax credit is not going to be the only savings you’ll receive when you buy a new high-efficiency heat pump. Some of the most efficient models can save you hundreds of dollars on your energy bills all year long. And your household will also have higher confidence in your HVAC system to keep your house at just the right comfort level.

When you think of questions about your eligibility for a tax credit, or if there are additional local savings you could be eligible for by purchasing a new high-efficiency heat pump, give our experts at Verona HVAC a call at 818-306-3387. You can also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.