For many families, there typically seems to be a lengthy list of home to-do’s that they need to get done or new ideas they’d like to try. While several may not be necessities, buying a new heat pump is one project that could be critical to keeping your house comfortable throughout the colder months in Redding.

Getting a new heat pump is a great investment. You’ll certainly recognize the return on investment on your indoor comfort in addition to your monthly bills, but it could be a little intimidating at first. The good news is that when you pick a new energy-efficient heat pump, you could 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 shopping for heat pumps, keep an eye out for solutions with the ENERGY STAR rating so you can be confident you’re getting a high-efficiency heat pump.

At Allianz Heating & Air, we’ll help you select a solution that meets your needs and ensures you qualify for this tax credit. While ENERGY STAR products signify 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

This tax credit will not be the only savings you’ll receive when you buy a new high-efficiency heat pump. Some of the most efficient solutions can save you hundreds of dollars on your energy bills during the year. And the family will also have more confidence in your HVAC system to keep your house at just the right temp.

If you have questions concerning your eligibility for a tax credit, or if there are other local savings you could be eligible for by purchasing a new high-efficiency heat pump, give our pros at Allianz Heating & Air a call at 530-221-2642. You can also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.