For many homeowners, there usually seems to be a lengthy list of home improvement tasks that they would like to achieve or new ideas they’d like to try. While several may not be necessities, getting a new heat pump is one job that could be key to keeping your home comfortable throughout the colder months in Bridgeport.

Getting a new heat pump is a big investment. You’ll definitely realize the return on investment on your indoor comfort as well as your monthly bills, but it might be a little overwhelming at first. The good news is that when you purchase 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 extended through December 31, 2020. In order to receive the tax credit, you must buy a heat pump that has received the ENERGY STAR label. When browsing for heat pumps, look for solutions with the ENERGY STAR rating so you can be confident you’re getting a high-efficiency heat pump.

At Custom Air Systems, we’ll help you find a solution that matches your needs and makes sure you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you’ll need to confirm the heat pump you purchase 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 will not be the only savings you’ll receive when you buy a new high-efficiency heat pump. Several of the most efficient solutions can save you hundreds of dollars on your energy bills during the year. And you’ll also have higher confidence in your HVAC system to keep your house at just the right temp.

If you come across questions concerning your eligibility for a tax credit, or if there are other local savings you could be eligible for by getting a new high-efficiency heat pump, give our team at Custom Air Systems a call at (203) 333-1906. You may also visit ENERGY STAR or reach out to your local utility organization if you have questions about other eligible home products.