FAQ
Q:Can you really get a whole HVAC system for half off? I have had four postcards in my mail with this claim.
A: Yes, but there is some fine print you should know about. Vastola Heating & Cooling addressed this exact question on the "Ask the Experts" site for Regent Broadcasting. See below:
Ask the Experts: Article from the regent Broadcasting web-site:
What is all the hype about rebates and incentives on new heating and cooling systems?
There is a lot of talk about the incredible deals available today when you replace your heating and cooling system. With dozens of postcards in the mail, radio ads non-stop and articles in the newspapers, many people are asking, “What’s the real deal here?”
Here’s the deal: There really are rebates and incentives that can add up to over $3,000 on a heating and cooling system and almost all homeowners qualify. The most important qualifier is that the systems must be energy-saving, high-efficiency models that have been pre-approved for the programs. The whole purpose of the rebates and incentives is to get homes updated with systems that do not waste energy resources and the utility companies, the federal government and equipment manufacturers really are giving away money to get these units in people’s homes. The cost to contractors has not increased because of the incentives, so, the savings to homeowners is legitimate.
Most furnace and air conditioning manufacturers have equipment that meets all the requirements to qualify for the rebates and a good contractor will be able to assess your needs and find the right fit for your situation. For example, if you plan to stay in your house for the next ten years and your current system is over ten years old, it is worth investing in a higher-efficiency system because the rebates and incentives will off-set the additional cost of upgrading to a better option and you will recoup even more money in energy savings over the life of the equipment. On top of the cost advantage, the systems that qualify have options for increased comfort such as variable speed blowers and multi-stage burners – they provide quieter, more even heating and cooling. If, however, your equipment is newer and you plan to move within a few years, it may not be worth the investment as you will not be in the home long enough to take advantage of the decreased energy bills.
There are other rebates and programs available that are not illustrated above. A good estimator will know what is available at the time purchase and what you qualify for. Now, some points to remember: There honestly has never been a better time to upgrade your heating and cooling system. For the price of a standard system or less, you can have an energy-saving, quieter and more comfortable system installed and recoup even more money in lower gas and electric bills over the next fifteen to twenty years. Another good thing we are seeing is that the equipment manufacturers are getting savvy to the rebates and are designing more equipment and options that qualify. This means two things; homeowners will find it even easier to save money, and the intent of the programs is working – more and more energy hogging systems are being replaced with greener ones.