Installing a heat pump is a big investment. And for good reason, you have to count, on average, between €6,000 and €16,000: just that! The Energy Transition Tax Credit is a purchase aid that allows you to benefit from tax reductions in the event of energy renovation work. Focus on the tax credit for installing a heat pump.
The Energy Transition Tax Credit, assistance with the purchase of a heat pump
What is the Energy Transition Tax Credit (CITE)?
The Energy Transition Tax Credit (CITE) is an aid for the purchase, without condition resourcesintended for owners like to tenants. Launched by the State in 2014 under the name “Tax Credit for Sustainable Development”, its objective was to revitalize the construction sector and encourage the French to engage in construction work. renovation to improve their comfort and reduce their energy expenditure.
Renamed in 2017, “Energy Transition Tax Credit”, the aid allows you to deduct from income tax part of the expenses incurred for work to improve the energy efficiency of your home.
Operation of the Energy Transition Tax Credit
The Energy Transition Tax Credit is intended for owners and tenants, with no means test. The accommodation concerned must, however, be thedwelling mainand must have at least 2 years.
The energy renovation works must be of the order ofinsulation thermalthe installation of boiler to condensation or the installation ofequipment renewable energy. To benefit from the CITE, it is essential that the equipment is eligible, and that it is installed by a professional holding the mention EGR (Recognized Guarantor of the Environment).
What is the amount of the Energy Transition Tax Credit?
The Energy Transition Tax Credit allows you to benefit from a tax reductionfor an amount of up to 30% of equipment acquisition expenses (excluding labor). It is worth noting that for non-taxable persons, the financial assistance is paid directly.
Since 2020, the amount of the CITE is no longer calculated based on a percentage of the amount of eligible expenses. It is now determined according to a package by type work. It should be noted that the amount of the tax credit can never exceed 75% of the eligible expense appearing on the invoice drawn up by the company.
For a heat pump, the amount of the tax credit is generally between €400 and €4,000, depending on the type of model. For example, financial aid can amount to up to €2,000 for the installation of an air/water heat pump.
Tax credit for a heat pump: what performance criteria?
To be eligible for the tax credit, the heat pump must meet a few criteria:
- For a medium or high temperature heat pump: the energy efficiency must be greater than or equal to 111%;
- For a low temperature heat pump: the energy efficiency must be greater than or equal to 126%
If hot water production is combined with heating production, then the energy efficiency with respect to water heating must be:
- ≥ 65% with a class M underdraft profile;
- ≥ 75% with a class L underdraft profile;
- ≥ 80% with a Class XL underdraft profile;
- ≥ 85% with an XXL class underdraft profile.
Energy Transition Tax Credit: what recent changes?
As of January 1, 2021, the energy transition tax credit has been deleted and replaced by the energy transition bonus system: MaPrimeRénov’. Nevertheless, financial assistance continues to apply on a transitional basis to expenses paid, in 2021, by households with so-called “intermediate” incomes. It should be noted that the households concerned must justify the acceptance of an estimate and the payment of a deposit between 01/01/2019 and 31/12/2020.
Good to know : it is not possible to combine financial aid from MaPrimeRénov’ and the Energy Transition Tax Credit.
Tax credit for a heat pump: what to remember?
Unfortunately, the tax credit for the purchase of a heat pump no longer exists, since January 1, 2021. Nevertheless, it is now possible to benefit from the bonus: MaPrimeRénov’. Assistance in financing energy renovation work, which depends on the household’s resources and planned expenses.
Take care of yourself and your home;