Thursday, March 4, 2010

Way more incentives available right now.

This is definitely the time to think about your heating and cooling systems. There are sooo many incentives to do an upgrade right now. If you are on Vectren for natural gas, they are offering a $200.00 rebate for the installation of a new 95% furnace. Here is the link to their
rebates. https://www.vectrenenergy.com/selectState.do;jsessionid=xnncLQ2KVf8J1QtJm5BrxJFLtfpNn6rH1p7fjTY12xbvDFRPq4yH!2127972626
The state of Indiana is offering a tax credit of $300.00 for the installation of a new 95% furnace. And the Federal tax credit for the installation of a new 95% gas furnace is 30% of installation up to $1,500.00. These are some very enticing incentives to install a new high efficiency furnace. Along with these incentives, you get to save on your energy bills from now on. That is the biggest savings since it keeps on coming. If you have an old inefficient furnace, now is definitely the time to think about an upgrade.
One of the systems that often gets overlooked is geothermal. Right now there is a big state tax credit of $1,000.00 for the installation of a geothermal system and a Federal tax credit uncapped of 30% and a huge energy savings once the system is installed. Now one of the incentives that often gets overlooked on geothermal is the property tax exemption that is available once you have a system installed. That is a huge advantage since it keeps paying you year after year. I will not kid around about the first cost of installing a geothermal system. It is quite costly but the long term return is just as sweet. We are your professionals for installing a geothermal system. We are IGSHPA certified and Water Furnace trained. We also have our own boring equipment to install the loops.
Don't forget about tankless water heaters. They are also on the list for rebates and incentives. The tankless water heater that we handle is 98% efficient and is not like most of the others. It stands head and shoulders above the rest. Again they are not cheap to have installed, but the long term payback is sweet.
If you have questions about any of these systems, we have the answers. Please do not hesitate to call us at 765-644-5290 or 317-773-8495.
Check out our website at: http://www.mcconnellphac.com

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