For a lot of homeowners, there usually seems to be a long list of home tasks that they want to complete or new ideas they’d like to try. While some may not be required, buying a new heat pump is one project that could be key to keeping your house comfortable through the cooler months in Streamwood.

Purchasing a new heat pump is a great investment. You’ll certainly notice the return on investment on your indoor comfort along with your energy bills, but it may be a bit overwhelming at first. The good news is that when you pick 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 pushed through December 31, 2020. In order to receive the tax credit, you must select a heat pump that has gotten the ENERGY STAR label. When shopping for heat pumps, keep an eye out for solutions with the ENERGY STAR rating so you can be sure you’re getting a high-efficiency heat pump.

At Pure Comfort Heating and Air Conditioning, we’ll help you find a solution that fits your needs and makes sure you qualify for this tax credit. While ENERGY STAR products signify high efficiency, it’s important to 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

Taking advantage of this opportunity is not going to 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 costs throughout the year. And you’ll also have higher confidence in your HVAC system to help your home stay at just the right temperature.

When you come across 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 Pure Comfort Heating and Air Conditioning a call at 630-313-2509. You may also visit ENERGY STAR or call your local utility establishment if you have questions about other eligible home products.