For many households, there typically seems to be a large list of home improvement tasks that they need to get done or new ideas they’d like to try. While some may not be necessities, buying a new heat pump is one project that could be vital to keeping your house comfortable through the cooler months in Shamokin and Sunbury.

Selecting a new heat pump is a large investment. You’ll definitely realize the return on investment on your indoor comfort as well as your energy bills, but it might be a tad intimidating at first. The good news is that when you purchase a new energy-efficient heat pump, you may be eligible for a federal tax credit.

According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were prolonged through December 31, 2020. In order to obtain the tax credit, you must purchase a heat pump that has earned the ENERGY STAR label. When researching heat pumps, watch for products with the ENERGY STAR rating so you can be confident you’re selecting a high-efficiency heat pump.

At LTS Plumbing & Heating Inc., we’ll help you pick a solution that matches your needs and makes sure 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 won’t be the only savings you’ll receive when you buy a new high-efficiency heat pump. Several of the most efficient models can save you hundreds of dollars on your energy bills throughout the year. And your household will also have greater confidence in your HVAC system to maintain your indoor space 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 purchasing a new high-efficiency heat pump, give our team at LTS Plumbing & Heating Inc. a call at 570-648-0748. You can also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.