For a lot of families, there typically seems to be a large list of home to-do’s that they want to achieve or new ideas they’d like to do. While some may not be necessary, purchasing a new heat pump is a job that could be vital to keeping your home comfortable through the cooler months in Edmond.

Buying a new heat pump is a sizeable investment. You’ll certainly feel the return on investment on your indoor comfort in addition to your energy bills, but it may be a little daunting at first. The good news is that when you select 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 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 shopping for heat pumps, look for products with the ENERGY STAR rating so you can be certain you’re choosing a high-efficiency heat pump.

At Prudhom Mechanical, we’ll help you pick a solution that meets your needs and ensures you qualify for this tax credit. While ENERGY STAR products signify 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

This tax credit won’t be the only savings you’ll observe when you get a new high-efficiency heat pump. Many of the most efficient models can save you hundreds of dollars on your energy costs during the year. And the family will also have greater confidence in your HVAC system to keep your house at just the right temperature.

Whether you think of questions concerning 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 Prudhom Mechanical a call at 405-888-8606. You can also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.