For most households, there always seems to be a large list of house to-do’s that they need to get done or new ideas they’d like to try. While some may not be required, getting a new heat pump is an example of a task that could be critical to keeping your home comfortable throughout the colder months in Shamokin and Sunbury.

Buying a new heat pump is a sizeable investment. You’ll absolutely notice the return on investment on your indoor comfort as well as your energy bills, but it could be a tad intimidating at first. The good news is that when you purchase a new energy-efficient heat pump, you could be qualified for a federal tax credit.

According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were prolonged through December 31, 2020. In order to receive the tax credit, you must select a heat pump that has received the ENERGY STAR label. When researching heat pumps, keep an eye out for products with the ENERGY STAR rating so you can be certain you’re getting a high-efficiency heat pump.

At LTS Plumbing & Heating Inc., we’ll help you find a solution that matches your needs and makes sure you qualify for this tax credit. While ENERGY STAR products signify 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

This tax credit is not going to be the only savings you’ll observe when you buy a new high-efficiency heat pump. Some of the most efficient models can save you hundreds of dollars on your energy costs throughout the year. And you’ll also have higher confidence in your HVAC system to help your home stay at just the right temp.

If you come across questions about 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 experts at LTS Plumbing & Heating Inc. a call at 570-648-0748. You may also visit ENERGY STAR or reach out to your local utility company if you have questions about other eligible home products.