For many families, there always seems to be a long list of home to-do’s that they need to complete or new ideas they’d like to try. While some may not be necessities, purchasing a new heat pump is one job that could be key to keeping your house comfortable during the colder months in Muldrow.

Selecting a new heat pump is a sizeable investment. You’ll certainly recognize the return on investment on your indoor comfort in addition to your monthly bills, but it may be a little daunting 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 pushed through December 31, 2020. In order to get the tax credit, you must select 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 sure you’re getting a high-efficiency heat pump.

At Air Service Co., we’ll help you pick a solution that matches your needs and ensures you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you should 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 is not going to be the only savings you’ll find when you select a new high-efficiency heat pump. Many of the most efficient heat pumps can save you hundreds of dollars on your energy costs throughout the year. And the family will also have higher confidence in your HVAC system to maintain your indoor space at just the right temp.

When you have questions regarding your eligibility for a tax credit, or if there are further local savings you might be eligible for by installing a new high-efficiency heat pump, give our team at Air Service Co. a call at 918-212-8943. You may also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.