For many families, there typically seems to be a long list of home improvement to-do’s that they want to complete or new ideas they’d like to try. While several may not be necessities, getting a new heat pump is an example of a job that could be key to keeping your home comfortable through the chillier months in Milwaukee.

Getting a new heat pump is a great investment. You’ll certainly feel the return on investment on your indoor comfort as well as your utility costs, but it might be a little intimidating at first. The good news is that when you purchase a new energy-efficient heat pump, you might be qualified 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 select a heat pump that has received the ENERGY STAR label. When researching heat pumps, keep an eye out for solutions with the ENERGY STAR rating so you can be certain you’re selecting a high-efficiency heat pump.

At Done Right Air, we’ll help you identify a solution that fits your needs and ensures you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you should confirm the heat pump you buy 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 receive when you purchase a new high-efficiency heat pump. Some of the most efficient solutions can save you hundreds of dollars on your energy bills all year long. And the family will also have more confidence in your HVAC system to help your home stay at just the right comfort level.

If you come across questions regarding your eligibility for a tax credit, or if there are other local savings you could be eligible for by getting a new high-efficiency heat pump, give our experts at Done Right Air a call at 414-207-4034. You can also visit ENERGY STAR or reach out to your local utility company if you have questions about other eligible home products.