Question

Is there a tax credit for heat pumps?

Answer

Heat pumps that meet the following requirements qualify for a tax credit of 30% of the cost (including installation), up to $1,500:

Split Systems:       HSPF >= 8.5, EER >= 12.5, SEER >= 15 (What is SEER/EER/HSPF?)
Package systems: HSPF >= 8,    EER >= 12,   SEER >= 14 (What is the difference between Split vs Package?)

There isn't a single list of qualified products, but there are two partial lists:

1) CEE-AHRI Online database

      Scroll down the page to the chart. For the "Residential Air-Source Heat Pumps" row, click on the link in the right-hand column to "Find Qualifying Equipment"

      At the bottom of the first column, click "Yes" for "Eligible for Tax Credit"

2) Non-AHRI CAC/ASHP Product List [Excel]  [pdf]- you'll need to check this list for products that meet the requirements above.

Note — not all ENERGY STAR products will qualify for the tax credit. View ENERGY STAR criteria.