For most homeowners, there typically seems to be a long list of home projects that they want to achieve or new ideas they’d like to do. While a few may not be required, purchasing a new heat pump is one job that could be critical to keeping your house comfortable through the colder months in Woodbridge.

Selecting a new heat pump is a sizeable investment. You’ll absolutely notice the return on investment on your indoor comfort in addition to your monthly bills, but it could be a bit overwhelming 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 pushed through December 31, 2020. In order to obtain the tax credit, you must buy a heat pump that has received the ENERGY STAR label. When shopping for heat pumps, keep an eye out for solutions with the ENERGY STAR rating so you can be confident you’re getting a high-efficiency heat pump.

At Fire & Ice HVAC, our experts help you pick a solution that fits your needs and ensures you qualify for this tax credit. While ENERGY STAR products signify high efficiency, you’ll need 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

Taking advantage of this opportunity will not be the only savings you’ll observe when you get a new high-efficiency heat pump. Several of the most efficient models can save you hundreds of dollars on your energy costs throughout the year. And the family will also have more confidence in your HVAC system to help your home stay at just the right temp.

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 Fire & Ice HVAC a call at 703-595-4157. You could also visit ENERGY STAR or reach out to your local utility establishment if you have questions about other eligible home products.