For most homeowners, there typically seems to be a lengthy list of home improvement tasks that they want to get done or new ideas they’d like to attempt. While several may not be required, buying a new heat pump is an example of a task that could be key to keeping your indoor space comfortable during the cooler months in Omaha.

Buying a new heat pump is a large investment. You’ll absolutely notice the return on investment on your indoor comfort along with your utility costs, but it could be a bit overwhelming at first. The good news is that when you select 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 pushed through December 31, 2020. In order to get the tax credit, you must buy a heat pump that has earned the ENERGY STAR label. When researching heat pumps, keep an eye out for products with the ENERGY STAR rating so you can be sure you’re getting a high-efficiency heat pump.

At Interstate Heating & Air Conditioning, 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’ll need 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 is not going to be the only savings you’ll observe when you select a new high-efficiency heat pump. Several of the most efficient solutions can save you hundreds of dollars on your energy costs throughout the year. And your household will also have greater confidence in your HVAC system to maintain your indoor space at just the right temp.

When you think of questions concerning your eligibility for a tax credit, or if there are additional local savings you could be eligible for by purchasing a new high-efficiency heat pump, give our team at Interstate Heating & Air Conditioning a call at 402-581-9641. You could also visit ENERGY STAR or contact your local utility establishment if you have questions about other eligible home products.