Quote:
Originally Posted by retiredguy123
Are you saying that you get a different tax credit for a variable speed heat pump than for a single stage heat pump? I am not an expert on Federal tax credits, but it looks like you get a credit for 30 percent of the cost for either system as long as you have the proper SEER rating.
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Yes you can get 30% up to $2,000 for a heat pump if it qualifies. The variable speed inverter systems we are talking about are the most efficient and are Energy Star and qualify. I'm not sure if a single stage carrier replacement system for example, will qualify. You will need to consult the company that provides it. Some multi-stage heat pumps may qualify as well. Sorry for the confusion but these credits are a little new to me as well.
I did find this:
Single-stage heat pumps are not eligible for the energy credit under the current tax code. The eligibility for the tax credit is based on the efficiency tier of the heat pump, and only those that meet or exceed the highest efficiency tier established by the Consortium for Energy Efficiency are eligible. Therefore, single-stage heat pumps that do not meet these efficiency standards will not qualify for the energy credit
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