Innovations such as two-speed compressors, variable speed motors and scroll compressors make modern heat pumps more efficient in Loudon, TN. Generally, heat pumps don’t use electric energy to generate heat but to pump heat from hotter areas to cooler areas. These efficient heat pumps offer numerous advantages, including cost-effectiveness and a more comfortable indoor environment.
1. Tax Benefits
Geothermal heat pumps and air-source heat pumps qualify you for tax credits. These efficient systems use electric energy to move the heating or cooling fluid instead of using electric energy to generate heat. You can check on the Energy Star website to see if the efficient heat pump you bought qualifies you for a tax credit.
According to Energy Star, most of the Energy Star-certified heat pumps use up to 30% less energy to produce the same heating and cooling conventional pumps produce. Most of these pumps will qualify for a tax credit. However, not all pumps with an Energy Star label qualify you for tax credits.
Rebates are also available from some manufacturers and state and local governments. These rebates reduce the cost of a heat pump significantly. Financing options, such as the PowerSaver Loans program, are also available for homeowners looking to buy energy-efficient heat pumps and other household appliances.
2. Lower Running Costs
Energy Star estimates that efficient systems can consume 30% less energy to offer the same heating or cooling that conventional heat pumps offer. Energy Star also estimates that the average American household spends $2,000 on energy bills every year. With an efficient heat pump that used 30% less energy, a homeowner is able to save $575 every year.
Older heat pumps waste most of the energy they consume. This makes them less efficient and increases your yearly bills. Commercial buildings with efficient heat pumps are likely to consume 35% less energy than buildings with older and inefficient heat pumps, according to Energy Star.
3. Comfortable Indoor Environment
An inefficient heat pump loses most of the energy it consumes. This makes it challenging for the pump to maintain a constant and comfortable temperature. When the system has to work harder to maintain your preferred temperature, it might end up being noisy, and that also increases your energy bills.
Modern efficient heat pumps feature advanced innovations such as variable motors, two-speed compressors and others that make them efficient in heating and cooling. The systems can adjust automatically to heat or to cool your space to meet your preferences.
4. Increase the Value of a Home or Business
Homes with energy-efficient heat pumps and other appliances are more efficient than homes built to code. An efficient home is comfortable and has more value than a non-efficient one. Aspiring homeowners look for homes that’ll save them money on energy bills while offering them comfort.
Energy Star offers guidance for improving the efficiency of a home, including the appliances to use. Through tools and programs such as the Home Energy Yardstick, Energy Star Home Advisor and Energy Star Verified Home Installation, you can make your home more efficient to increase its value.
According to Energy Star, American businesses spend up to $350 million on energy every year. By using efficient heat pumps and other systems, these businesses could save up to$35 billion. By reducing wasted energy, businesses can improve their competitiveness and increase their profits.
5. Reduce Carbon Footprint
The EPA recommends the use of energy-efficient systems to reduce your carbon footprint. According to the EPA, energy-efficient systems reduce carbon footprint in two ways.
When homeowners and businesses consume less energy, there will be fewer emissions. This, according to EPA, places energy efficiency at the core of future climate change and energy consumption policies. Secondly, energy-efficient systems can achieve environmental benefits at a low rate, reducing the economic costs of reducing carbon emissions.
Call Chaffee Air today to install a new, efficient heat pump. An efficient heat pump will reduce your yearly energy bills and will make your home more comfortable. Homeowners and businesses looking to reduce their carbon footprints will also find efficient heat pumps better than conventional options.