Can I receive a tax credit for my new heat pump?

For many homeowners, there usually seems to be a large list of home to-do’s that they want to get done or new ideas they’d like to attempt. While a few may not be required, purchasing a new heat pump is one project that could be vital to keeping your home comfortable throughout the colder months in Stuart.

Buying a new heat pump is a great investment. You’ll definitely notice the return-on-investment on your indoor comfort in addition to your energy bills, but it might be a little daunting at first. The good news is that when you buy a new energy-efficient heat pump, you may be approved 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 purchase a heat pump that has gotten the ENERGY STAR label. When shopping for heat pumps, watch for products with the ENERGY STAR rating so you can be sure you’re selecting a high-efficiency heat pump.

At Breathe Healthier Air, we’ll help you pick a solution that matches your needs and ensures you qualify for this tax credit. While ENERGY STAR products signify 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


Qualifying for the tax credit is not going to be the only savings you’ll receive when you get a new high-efficiency heat pump. Several of the most efficient heat pumps can save you hundreds of dollars on your utility costs all year long. And you’ll also have higher confidence in your HVAC system to maintain your indoor space at just the right temp.

When you have questions regarding your eligibility for a tax credit, or if there are additional local savings you could be eligible for by installing a new high-efficiency heat pump, give our experts at Breathe Healthier Air a call at 772-600-7151. You could also visit ENERGY STAR or reach out to your local utility establishment if you have questions about other eligible home products.

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