For many homeowners, there usually seems to be a large list of home improvement projects that they would like to achieve or new ideas they’d like to try. While some may not be necessities, purchasing a new heat pump is an example of a task that could be critical to keeping your indoor space comfortable throughout the cooler months in Haines City.

Purchasing a new heat pump is a large investment. You’ll absolutely see the return on investment on your indoor comfort as well as your utility costs, but it could be a bit daunting at first. The good news is that when you purchase a new energy-efficient heat pump, you could be eligible 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 get the tax credit, you must buy a heat pump that has gotten the ENERGY STAR label. When browsing for heat pumps, look for types with the ENERGY STAR rating so you can be confident you’re choosing a high-efficiency heat pump.

At Air Commander's Heating & Air Conditioning Co., our experts help you find a solution that meets your needs and helps you qualify for this tax credit. While ENERGY STAR products signify high efficiency, it’s important to confirm the heat pump you pick 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

This tax credit will not be the only savings you’ll receive when you purchase a new high-efficiency heat pump. Many of the most efficient heat pumps can save you hundreds of dollars on your utility costs throughout the year. And your household will also have more confidence in your HVAC system to maintain your indoor space at just the right temp.

Whether you come across questions concerning your eligibility for a tax credit, or if there are other local savings you could be eligible for by getting a new high-efficiency heat pump, give our pros at Air Commander's Heating & Air Conditioning Co. a call at 863-343-0920. You may also visit ENERGY STAR or reach out to your local utility establishment if you have questions about other eligible home products.