For most households, there typically seems to be a long list of house tasks that they would like to complete or new ideas they’d like to attempt. While several may not be required, buying a new heat pump is an example of a task that could be critical to keeping your indoor space comfortable through the colder months in Holdrege.

Selecting a new heat pump is a sizeable investment. You’ll definitely recognize the return on investment on your indoor comfort as well as your utility costs, but it might be a tad daunting at first. The good news is that when you select a new energy-efficient heat pump, you might 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 browsing for heat pumps, look for products with the ENERGY STAR rating so you can be confident you’re choosing a high-efficiency heat pump.

At Durable Service, our team will help you select a solution that fits 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 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

This tax credit will not be the only savings you’ll receive when you select a new high-efficiency heat pump. Several of the most efficient solutions can save you hundreds of dollars on your energy bills throughout the year. And the family will also have more confidence in your HVAC system to help your home stay at just the right comfort level.

Whether you come across questions about your eligibility for a tax credit, or if there are further local savings you could be eligible for by installing a new high-efficiency heat pump, give our experts at Durable Service a call at 308-995-8177. You could also visit ENERGY STAR or reach out to your local utility organization if you have questions about other eligible home products.