A heat pump system in a residential building, providing heating functions year-round.

Why You Should Consider a Heat Pump


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The Inflation Reduction Act introduced several financial incentives for homeowners wanting to make energy efficient upgrades. Some of the largest credits and rebates are for heat pumps. So, what’s a heat pump and what’s the federal tax credit available?

What’s a Heat Pump

A heat pump doesn’t burn fuel. Instead, it uses electricity to move warm air in or out of your home. Meaning a heat pump both heats and cools your home. It basically functions like a combined air conditioner and furnace. There are a number of different types of heat pumps available. A whole house heat pump is made up of two components with the heat pump installed outside and an air handler installed inside your home. These two parts work in conjunction to distribute warm air throughout the house during cold months or to remove heat and humidity from your home during hot months.

Heat Pump Fast facts

  • Environmentally, running a heat pump can significantly reduce carbon dioxide by over 50%.
  • Heat pumps have become more widespread due to their energy efficiency and minimal installation requirements. They can also be used as a supplement to your existing HVAC system.
  • Having good insulation and sealing any air leaks is important with a heat pump. With poor insulation or numerous air leaks, you’ll notice air drafts and cold spots more often. The good news is that if you’re an APS customer, you’ll be able to insulate your pocket with a $250 rebate. SRP residential electric customers can get a rebate up to $600.
  • A heat pump is two to four times more energy efficient than an electric furnace.
  • Most heat pumps generate only 40-50 decibels which is between the sound of a bird chirping to normal conversation noise.

Heat Pump Tax Credit

Beginning in 2023 through the end of 2032, homeowners are eligible for a 30% federal tax credit on the total cost of purchasing and installing a new heat pump. The maximum eligible credit is $2,000, the home must be in the U.S., and be an existing home that you improve on or add-on, not a new home.

Would you like to learn more about the benefits of purchasing and installing a heat pump? Call your experts at Bruce’s Air Conditioning & Heating today at 480-968-5652 to schedule an appointment.