You may have heard that New York State and energy companies are offering rebates to lower New Yorkers’ bills and stay comfortable year-round with state-of-the-art heating and cooling technology.
What you may not know is, the combined incentives from Roy’s Plumbing Heating & Cooling, The New York State Energy Research and Development Authority, and Energy Star make it possible for Roy’s to offer up to $8,250 OFF a new heating and cooling system.
Here’s a a look at the breakdown of these discounts:
- Utility Rebates. Up to $7,200 in utility rebates are possible. Using an example from National Grid NYS Clean Heat Program, with an 80K BTU model # P60NKMU2 with system capacity satisfying 90%-120% of the BHL; similar discounts available based on model and efficiency. (Utility rebates available while funds remain and are subject to cancellation without notice.)
- Instant consumer rebates range from $0 to $750 based on heating and cooling system models and efficiency.
- EnergyStar Federal Tax Credits are available at 10% of system cost up to $300 tax credit for systems meeting minimum energy efficiency requirements for existing home/principal residence.
For more information or to schedule an appointment, schedule an appointment with the highly-trained professionals at Roy’s Plumbing Heating and Cooling online or call us at 716-218-1106. We’re happy to present you with your options and make recommendations that best fit your family’s needs and budget.
The Inflation Reduction Act (IRA) was signed in August and included legislation to reduce the emissions of greenhouse gasses and move toward cleaner energy. As the most significant federal legislation for climate change and clean energy, the IRA will offer tax credits and rebates to homeowners who make energy-efficient upgrades to their homes, including heating and cooling systems. If your system is 10 years or older or simply can’t keep up, this is the perfect opportunity to upgrade your equipment to a more efficient setup. Learn more about the IRA and what it means for homeowners with these incentives.
The New York State Energy Research and Development Authority (NYSERDA) offers incentives for homeowners and businesses in the state to upgrade to energy efficient appliances, including furnaces. These incentives can help offset the initial cost of purchasing a new furnace and can also lead to long-term savings on energy bills. To be eligible for these incentives, the furnace must meet certain energy efficiency standards and be installed by a NYSERDA-approved contractor. It's worth checking to see if you are eligible for these incentives before making a decision on a new furnace, as they can significantly reduce the upfront cost and make the investment more financially viable.
Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) that promotes energy efficiency in household appliances and products. If you purchase a heating and cooling system that is certified by Energy Star, you may be eligible for incentives and rebates from your local utility company or state energy agency. These incentives can help offset the cost of purchasing a new, energy efficient system and can also lead to long-term savings on energy bills. In order to be eligible for these incentives, the heating and cooling system must meet certain energy efficiency standards set by the EPA. It's worth checking to see if you are eligible for these incentives before making a decision on a new heating and cooling system, as they can significantly reduce the upfront cost and make the investment more financially viable.