Tag: energy costs

News

2021 Tax Credits

Talk to your tax professional to see if your heat pump will qualify for an Equipment Tax Credit for Primary Residence. 

Heat pumps that are ENERGY STAR certified meet the requirements for this tax credit.

Tax Credit Amount: $300

Requirements
Split Systems:
HSPF >= 8.5
EER >= 12.5
SEER >= 15

Package systems:
HSPF >= 8
EER >= 12
SEER >= 14

 

You can find information about your heat pumps HSPF, EER and SEER here

News

Maine Decides to Go Big on Heat Pumps

Check out this news article from Green Tech Media by Justin Gerdes. According to the article a little more than half of the electricity generated in Maine already comes from zero-carbon hydropower and wind power and legislation signed 6/26/19 sets a 100 percent renewable electricity target for 2050.

“Heat pumps reduce Maine’s dependency on fossil fuels, stabilize energy costs, and support energy efficiency jobs which will attract young families and skilled workers to our state,” Gov. Mills said in a statement.