Showing posts with label Rebates. Show all posts
Showing posts with label Rebates. Show all posts

Thursday, September 7, 2023

Wait...The Sun can Heat AND COOL my Home? And Fuel my Car?




 YES!


Some of our favorite projects at Home Performance Pros are for our customers with solar panels, or those who are looking to add some to their home. The more we dive in, the more we see just how much is possible with the power of the sun.


We all know by now about getting around in an electric vehicle. In recent years, technological advancements have made a huge difference in reliability, range, and less pollution for the Salt Lake Valley when it comes to EVs. Most people install a charging station at their home to keep their EV car batteries full, drawing power from the grid and paying the utility company to do so (i.e. Rocky Mountain Power). But did you know that just a few solar panels can do the same by capturing the sun's energy and converting it to electricity? That's right, the sun can power your EV with the cleanest, most renewable energy available!


Solar Heating / Solar Cooling??


Yes! With modern HVAC equipment, and a few solar panels, you can do just that. If you have a forced air HVAC system with ductwork, like most of us in Utah, you can install what's called a Dual-Fuel Heat Pump. When used in conjunction with solar panels, the heat pump will provide all the cooling for the home, and most of the heating. In Utah, the dual-fuel system works like a hybrid vehicle, knowing when it's more efficient to heat the home using electricity and refrigerant, or a high-efficient gas furnace. This is controlled by a "set point," that measures the outdoor temperature (ex. 35 degrees). When the outside temperature is above 35 degrees, the heat pump has the ability to pull enough heat from the outside air into its refrigerant and release it above the furnace to provide all the heat that the home needs. When the outside air is below 35 degrees, the gas furnace will kick on as a backup. With this configuration, you can save 30%-40% of your gas usage during an average winter. The rest of all the heating and cooling for the home is done with the energy of the sun!

Note: Ductless Mini-Split Heat Pumps provide full heating with the outdoor temperature as low as -15 degrees! No need for a backup heat source.


Don't have solar panels?


That's ok! The amount of energy saved and the reduction in gas used with a Heat Pump system still translates to better savings for you. Lower utility bills, more comfort, and less pollution!





Great Incentives This Year!


The local utility companies have put together some incredible rebates and the federal government is also offering some really nice tax credits to incentivize homeowners to help reduce the strain on the grid, as well as help the environment. Solar panels aside (which still have some great incentives), your new heat pump system can qualify for upwards of $5,550 in rebates and tax credits!

To qualify for Rocky Mountain Power/Wattsmart rebates, the work must be done by a contractor on their approved contractor list. Not only is HPP a registered partner with Wattsmart, we offer their rebate as an instant rebate. Meaning, we give you the rebate upfront, and Wattsmart reimburses us for it. This way, you don't have to deal with submitting and waiting for approval. It's all done for you!


To learn more, schedule a free consultation online or call today at 385-503-7767!

Friday, September 1, 2023

Guide to 2023 HVAC Rebates and Tax Credits - Utah

 


Guide to 2023 HVAC Rebates and Tax Credits - Utah


As you can see below, there are many different rebates and tax credits for HVAC equipment this year. You will need your new equipment installed by a licensed, professional contractor to qualify for these incentives. The contractor must also be on the list of approved companies on the Wattsmart website to qualify.

A free consultation from Home Performance Pros can help you decide which option is best for your home, and help you maximize the money you can get back this year.

What is a heat pump? 

A typical heat pump in Utah looks like an air conditioner, with a condenser outside connected with refrigerant lines to a coil inside above the furnace. The difference is that in the winter time, the heat pump will reverse its function, transferring heat from outside to inside the home.

How does it work? 

A heat pump collects heat from outdoors and transfers it indoors. When your home needs cooling, the process works in reverse.

When should I get a heat pump? 

If your current HVAC system is 10-15+ years old or is showing signs of failure, such as unusual noises, frequent breakdowns, or decreased efficiency.

How easy is it to install? 

The process is similar to an air conditioner unit install and can be done in 1 day.

How much is it going to cost? 

Upfront, just a little bit more than a standard air conditioner. Rocky Mountain Power, Dominion Energy rebates, as well as federal tax credits are available to make it the most efficient, most affordable option for the long run.

Are there benefits besides energy savings? 

Yes! Heat pumps contribute to better indoor and local outdoor air quality, and they provide increased comfort in your home.


How much can I get back in rebates and tax credits? 

Here is one example of what you can get back on a full HVAC system upgrade:

High-efficient heat pump installed w/qualifying evap. coil, 97% efficient furnace, and a smart thermostat:     Qualifies for $5,550 in rebates and tax credits!*

Here's the breakdown: $2,600 tax credit + $1,875 Wattsmart rebate + $1,075 ThermWise rebate = $5,550*

Call HPP now for a free consultation @ 385-503-7767 or book online.


Rocky Mountain Power—Wattsmart Rebates

 

· Dual Fuel Heat Pump—Tier 1 = $1,600

(10 HSPF 16 SEER) or (8.5 HSPF2 / 15.2 SEER2) > with 80 AFUE Furnace

(9 HSPF, 15 SEER) or (7.5 HSPF2, 14.3 SEER2) > with 90 AFUE Furnace

· Dual Fuel Heat Pump—Tier 2 = $1,800

(12 HSPF 18 SEER) or (10.2 HSPF2 / 17 SEER2) > with 80 AFUE Furnace

(9.5 HSPF, 16 SEER) or (8.1 HSPF2, 15.2 SEER2) > with 90 AFUE Furnace

· Ductless Heat Pump—Supplemental (9.0 HSPF/16 SEER) or (8.1 HSPF2 / 16 SEER2) = $600

· Ductless Heat Pump—Electric Heat Conversion—up to $1,700

· ECM on Existing Furnace—up to $100

· Smart Thermostat—up to $75

 

Dominion Energy—ThermWise Rebates

 

· Dual Fuel Heat Pump—Tier 1—HSPF 9 +, SEER 14 +, w/Energy Star Gas Furnace = $1,000

· Dual Fuel Heat Pump—Tier 2—HSPF 10 +, SEER 18 +, EER 11.5 +, AFUE 97.5 + = $1,200

· Gas Furnace—AFUE 95%-97.4% = $300

· Gas Furnace—AFUE 97.5% + = $350

· Smart Thermostat w/Geofencing = $50

· Smart Thermostat w/Occupancy Sensor = $75

 

Federal Tax Credit

 

· Air Source Heat Pump—EER2 10 + = $2,000

· Ductless Heat Pump—SEER2 16 +, EER2 9 +, HSPF2 9.5 += $2,000

· Central AC—SEER2 16 + = $600

· Gas Furnace—AFUE 97% + = $600

· Annual Tax Credit Limit = $3,200 ($2,000 HP + $1,200 Furnace and AC)

 

*Restrictions apply. Speak with an associate for details/equip. matchups.

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