For many homeowners, there always seems to be a long list of home projects that they need to achieve or new ideas they’d like to attempt. While a few may not be required, purchasing a new heat pump is one task that could be vital to keeping your home comfortable during the cooler months in Haines City.

Buying a new heat pump is a sizeable investment. You’ll definitely feel the return on investment on your indoor comfort in addition to your monthly bills, 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 qualified 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 obtain the tax credit, you must buy a heat pump that has received the ENERGY STAR label. When shopping for heat pumps, watch for types with the ENERGY STAR rating so you can be confident you’re selecting a high-efficiency heat pump.

At Air Commander's Heating & Air Conditioning Co., our team will help you choose a solution that meets your needs and ensures 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 won’t be the only savings you’ll observe when you get a new high-efficiency heat pump. Many of the most efficient heat pumps can save you hundreds of dollars on your energy bills throughout the year. And you’ll also have greater confidence in your HVAC system to maintain your indoor space at just the right temperature.

Whether you come across questions regarding your eligibility for a tax credit, or if there are other local savings you might be eligible for by installing a new high-efficiency heat pump, give our pros at Air Commander's Heating & Air Conditioning Co. a call at 863-216-2923. You may also visit ENERGY STAR or call your local utility establishment if you have questions about other eligible home products.