Five Good Reasons To Invest In An Electric Heat Pump
Heat pumps help keep your home comfortable, both in the winter and the summer, by transferring air that is heated and cooled naturally by the ground around your house to your interior living space. Because they are moving conditioned air rather than generating it, these systems use significantly less energy than a typical heating or cooling system. However, saving energy isn’t the only good reason to invest in an electric heat pump.
Reasons to choose an electric heat pump
1. It saves energy . . . and energy dollars. Because a heat pump makes use of the earth’s natural heat, you can save a significant amount of energy and money on your utility bills. According to the U.S. Department of Energy, a typical household could save around 30 to 40 percent on their electric bill by switching from and electric-powered furnace to a heat pump.
2. You could qualify for a federal tax credit. Another good reason for choosing a heat pump over a traditional furnace or air cooling system is the current federal energy saving tax credit program. If you purchase a qualifying heat pump and have it installed by December 31, 2016, you’ll be eligible for a tax credit equal to 30 percent of the purchase price and the cost of the installation. This applies to adding a heat pump to your primary or secondary residence, to both new construction and existing homes. To claim your credit, you simply complete IRS Form 5695 and file it with your regular tax return. (Note: not all heat pumps are covered under this program. A good HVAC contractor from a company like West Country Heating & AC can help you choose one that qualifies for the credit.)
3. A heat pump is both a heating and cooling system. A heat pump functions as both a heating and a cooling system, so you only have to purchase one system rather than two separate systems.
4. Heat pumps produce more even heat. Heat pumps provide uniform heat throughout your home. You won’t have the cold spots and hots spots you can have with a traditional furnace.
5. Heat pumps are better at dehumidifying a house than a traditional air conditioning system. During the warm weather months, heat pumps are more efficient at ridding the air of moisture than a traditional cooling system because it uses air from the ground that is naturally less moist than the atmosphere.
While a heat pump might not be the right choice for every homeowner, this type of system saves energy, can save you money on your utility bills and your taxes and produces a more even heat throughout your home.