For a lot of households, there usually seems to be a large list of home tasks that they want to complete or new ideas they’d like to try. While a few may not be required, purchasing a new heat pump is an example of a job that could be vital to keeping your house comfortable throughout the colder months in Streamwood.

Selecting a new heat pump is a large investment. You’ll certainly feel the return on investment on your indoor comfort along with your utility costs, but it could be a bit daunting at first. The good news is that when you pick a new energy-efficient heat pump, you might be approved 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 buy a heat pump that has received the ENERGY STAR label. When shopping for heat pumps, look for products with the ENERGY STAR rating so you can be certain you’re choosing a high-efficiency heat pump.

At Pure Comfort Heating and Air Conditioning, we’ll help you pick a solution that meets your needs and ensures you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you should confirm the heat pump you select 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 select a new high-efficiency heat pump. Some of the most efficient heat pumps can save you hundreds of dollars on your energy bills throughout the year. And the family 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 other local savings you could be eligible for by getting a new high-efficiency heat pump, give our team at Pure Comfort Heating and Air Conditioning a call at 630-313-2509. You can also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.