For a lot of households, there always seems to be a long list of house to-do’s that they want to achieve or new ideas they’d like to do. While a few may not be necessary, getting a new heat pump is an example of a job that could be key to keeping your house comfortable throughout the colder months in Fredericksburg.

Selecting a new heat pump is a large investment. You’ll definitely feel the return on investment on your indoor comfort as well as your energy bills, but it could be a bit overwhelming at first. The good news is that when you pick a new energy-efficient heat pump, you could be approved 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 received the ENERGY STAR label. When shopping for heat pumps, keep an eye out for solutions with the ENERGY STAR rating so you can be certain you’re choosing a high-efficiency heat pump.

At Childress Heating & AC, our team will 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 should 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

This tax credit won’t be the only savings you’ll receive when you get a new high-efficiency heat pump. Several of the most efficient solutions can save you hundreds of dollars on your utility costs throughout the year. And your household will also have greater confidence in your HVAC system to keep your house 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 might be eligible for by purchasing a new high-efficiency heat pump, give our experts at Childress Heating & AC a call at 540-675-4306. You can also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.