For most households, there always seems to be a long list of home projects that they need to achieve or new ideas they’d like to try. While several may not be necessary, buying a new heat pump is a job that could be key to keeping your house comfortable through the colder months in Modesto.

Buying a new heat pump is a large investment. You’ll absolutely realize the return on investment on your indoor comfort in addition to your monthly bills, but it could be a tad 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 pushed through December 31, 2020. In order to obtain the tax credit, you must buy 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 Jet Electrical, Air Conditioning, Heating & Plumbing, our team will help you identify a solution that meets your needs and helps you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you’ll need to 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 is not going to be the only savings you’ll find when you buy a new high-efficiency heat pump. Many of the most efficient heat pumps can save you hundreds of dollars on your energy costs during the year. And your household will also have greater confidence in your HVAC system to keep your house at just the right comfort level.

Whether you think of questions regarding your eligibility for a tax credit, or if there are further local savings you could be eligible for by getting a new high-efficiency heat pump, give our pros at Jet Electrical, Air Conditioning, Heating & Plumbing a call at 209-618-4595. You may also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.