SEATTLE — Keeping your home warm in the winter is top of mind for many, and now is an ideal time financially to convert your heating and cooling system to a heat pump.
“A heat pump is basically leveraging thermodynamics, so we’re moving available heat that’s outside and moving it into your home,” said Navid Namazi of Energy Technologies.
A recent advancement in heat pump technology enables heat pumps to extract heat at low temperatures, even at -13 degrees. Heat pumps can help homeowners save money too. Compared to oil or electric systems, a heat pump is about 400 percent more efficient, and compared to a traditional gas furnace, it’s about 200 percent more efficient.
Thermodynamics allows heat pumps to provide steady heat, and you can set the temperature separately from room to room.
“Everybody can set it and forget it at their own temperature, and there’s no thermostat wars,” Namazi said.
Heat pumps are zero emission, environmentally friendly, and are a large part of the Inflation Reduction Act. Four major incentives for homeowners as part of the act are:
- Direct tax credit of $2,000 with no income limitations.
- Up to a $1,100 instant rebate from cities and utilities.
- In addition to the above incentives, a $1500 instant rebate when you convert from an oil burning furnace to a heat pump.
- $500 instant rebate when you convert from a traditional water heater to a heat pump water heater.
“It saves you money, and it’s helping offset that larger upfront cost,” Namazi said.
Maintenance on heat pumps about once a year is important to make sure components are checked and cleaned. Making sure your system is running properly can help keep you saving money all year long.
To learn more about heat pumps and the incentives available, visit the Energy Technologies website.