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Homeowners looking to
increase the efficiency of their home
heating system or hot water equipment should
act now before local and federal rebate
programs disappear! This is one of those
rare opportunities where the homeowner
scores big. For as long as there is
government funding available in the various
programs, a homeowner can easily recoup a
good part of the expense of replacing an
existing furnace or hot water system in
their residence.
Say someone who owns a
single-family home with their nineteen year
old boiler, although a little noisy at
times, but running okay, decides to replace
it with an 90% high-efficiency model. They
opt to purchase a high-end Buderus,
Slant-Fin or Triangle Tube
brand heating system so
they can not only reduce their monthly
energy costs, but operate a cleaner heating
system that is more environmentally-friendly
while also increasing the resale value of
their home.
If this homeowner gets
quoted $5,900 for labor and parts to install
a brand new high-efficiency heating system,
right-now they could qualify for a $1,000
rebate from Gas Networks. Also, under a
current federal rebate program, the
homeowner would qualify for a 30% rebate
when they submit their annual 2010 income
taxes. Not-only would the homeowner reduce
their monthly energy bill by running a more
energy-efficient boiler, but they will
recoup $2,500.00 back! Not to mention, some
state-run rebate programs such as the “cash
for appliances” programs that are available
in many states.
Due to the slow economy,
many local governments now have available 0%
interest loans for up to $15,000.00 to
homeowners to purchase energy-efficient
products. Say a homeowner takes advantage of
a 5 year re-payment loan to replace their
old 70% efficient boiler with a new 92%
high-efficiency Buderus boiler, for a
savings of approximately 22%. Twenty-two
percent savings off your monthly heating
bill of say $300.00 is $66.00/month cash
back in your pocket or approximately
$792.00/year. Over a 5-year, 0% interest
loan, many homeowners can recoup the full
amount of their new heating system (minus
any cash rebates).
But, homeowners need to
act now! Once the funds are depleted, the
rebate program will be terminated. Some
states have already depleted their
state-funded rebate programs. Call an
authorized Buderus, Slant-Fin or
Triangle
Tube installer today for complete details.
If you can’t find an installer, call
your
local distributor,
Smithfield Plumbing &
Heating Supply at (401) 949-0110 for a name
of a professional installer near you. A
complete list of available rebates is in the
Rebates
and Promotions area of this web
site.
Time is ticking…
Call today while it’s fresh on your mind and
funds are still available! |