For most families, there always seems to be a long list of home to-do’s that they want to get done or new ideas they’d like to attempt. While several may not be necessities, getting a new heat pump is a job that could be critical to keeping your house comfortable through the chillier months in Spokane.

Purchasing a new heat pump is a sizeable investment. You’ll definitely recognize the return on investment on your indoor comfort as well as your energy bills, but it might be a bit overwhelming at first. The good news is that when you buy 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 extended through December 31, 2020. In order to get the tax credit, you must buy a heat pump that has received the ENERGY STAR label. When browsing for heat pumps, look for products with the ENERGY STAR rating so you can be sure you’re getting a high-efficiency heat pump.

At Bigfoot Heating & Cooling, we’ll help you find a solution that matches your needs and helps you qualify for this tax credit. While ENERGY STAR products designate high efficiency, you’ll need to 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 won’t be the only savings you’ll observe when you buy a new high-efficiency heat pump. Many of the most efficient models can save you hundreds of dollars on your energy bills throughout the year. And your household will also have higher confidence in your HVAC system to help your home stay at just the right temperature.

If you come across questions regarding your eligibility for a tax credit, or if there are other local savings you may be eligible for by installing a new high-efficiency heat pump, give our experts at Bigfoot Heating & Cooling a call at 509-392-8770. You could also visit ENERGY STAR or call your local utility company if you have questions about other eligible home products.