For most homeowners, there usually seems to be a long list of house tasks that they want to get done or new ideas they’d like to do. While several may not be necessary, purchasing a new heat pump is one job that could be key to keeping your home comfortable through the chillier months in Spokane.

Selecting a new heat pump is a great investment. You’ll certainly see the return on investment on your indoor comfort as well as your utility costs, but it may be a tad daunting at first. The good news is that when you buy a new energy-efficient heat pump, you could be eligible 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 obtain the tax credit, you must buy a heat pump that has received the ENERGY STAR label. When shopping for heat pumps, look for types with the ENERGY STAR rating so you can be sure you’re selecting a high-efficiency heat pump.

At Bigfoot Mechanical, we’ll 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 purchase 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 won’t be the only savings you’ll receive when you get a new high-efficiency heat pump. Several of the most efficient solutions can save you hundreds of dollars on your utility costs all year long. And the family will also have more confidence in your HVAC system to help your home stay at just the right temp.

When you have questions regarding your eligibility for a tax credit, or if there are other local savings you may be eligible for by getting a new high-efficiency heat pump, give our team at Bigfoot Mechanical a call at 509-392-8770. You could also visit ENERGY STAR or call your local utility establishment if you have questions about other eligible home products.