For a lot of households, there always seems to be a large list of home improvement tasks that they need to get done or new ideas they’d like to attempt. While some may not be required, getting a new heat pump is an example of a job that could be critical to keeping your indoor space comfortable throughout the cooler months in Shamokin and Sunbury.

Getting a new heat pump is a big investment. You’ll certainly notice the return on investment on your indoor comfort along with your monthly bills, but it could be a tad overwhelming 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 prolonged through December 31, 2020. In order to receive the tax credit, you must purchase a heat pump that has earned the ENERGY STAR label. When shopping for heat pumps, watch for solutions with the ENERGY STAR rating so you can be sure you’re choosing a high-efficiency heat pump.

At LTS Plumbing & Heating Inc., our team will help you pick a solution that meets your needs and makes sure you qualify for this tax credit. While ENERGY STAR products indicate high efficiency, it’s important to confirm the heat pump you choose 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 observe when you purchase a new high-efficiency heat pump. Some of the most efficient heat pumps can save you hundreds of dollars on your energy costs all year long. And your household will also have greater confidence in your HVAC system to keep your house at just the right comfort level.

If you think of questions regarding your eligibility for a tax credit, or if there are further local savings you might be eligible for by getting a new high-efficiency heat pump, give our pros at LTS Plumbing & Heating Inc. a call at 570-648-0748. You can also visit ENERGY STAR or call your local utility organization if you have questions about other eligible home products.