For many households, there typically seems to be a lengthy list of house to-do’s that they want to get done or new ideas they’d like to attempt. While a few may not be required, purchasing a new heat pump is a job that could be vital to keeping your home comfortable throughout the colder months in Naples.
Selecting a new heat pump is a sizeable investment. You’ll certainly recognize the return-on-investment on your indoor comfort as well as your monthly bills, but it might be a little daunting at first. The good news is that when you select 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 get the tax credit, you must purchase a heat pump that has received the ENERGY STAR label. When shopping for heat pumps, look for types with the ENERGY STAR rating so you can be confident you’re getting a high-efficiency heat pump.
At CNR Air Conditioning Inc, our experts help you pick a solution that meets your needs and helps you qualify for this tax credit. While ENERGY STAR products indicate high efficiency, you’ll need to confirm the heat pump you choose 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 will not be the only savings you’ll find when you buy a new high-efficiency heat pump. Several of the most efficient heat pumps can save you hundreds of dollars on your energy bills during the year. And the family will also have greater confidence in your HVAC system to maintain your indoor space at just the right temp.
When you think of questions concerning your eligibility for a tax credit, or if there are other local savings you might be eligible for by getting a new high-efficiency heat pump, give our experts at CNR Air Conditioning Inc a call at 239-241-5318. You can also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.