For many households, there always seems to be a long list of house to-do’s that they need to achieve or new ideas they’d like to try. While a few may not be necessary, purchasing a new heat pump is a job that could be vital to keeping your home comfortable throughout the chillier months in Sacramento.

Getting a new heat pump is a large investment. You’ll certainly feel the return on investment on your indoor comfort in addition to your monthly bills, but it may be a little overwhelming at first. The good news is that when you buy a new energy-efficient heat pump, you may be qualified 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 select a heat pump that has earned the ENERGY STAR label. When researching heat pumps, look for types with the ENERGY STAR rating so you can be certain you’re choosing a high-efficiency heat pump.

At Bishop’s HVAC, our team will help you select a solution that fits your needs and makes sure you qualify for this tax credit. While ENERGY STAR products designate high efficiency, it’s important 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 observe 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 you’ll also have more confidence in your HVAC system to keep your house at just the right comfort level.

If you have questions about 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 Bishop’s HVAC a call at 916-591-6889. You may also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.