If you are a resident of Newton, Massachusetts, now is the time to take advantage of their HeatSmart Newton program.
In recent months, Endless Energy has become a preferred partner of the town of Newton in its quest to reduce their overall carbon footprint and become a leader in the green movement.
We’ll help you navigate the HeatSmart Newton initiative sponsored by your town, to better understand what you qualify for, and how we can help you save money.
Before we get into how we can help you with your heating services, let’s break down the actual HeatSmart Newton initiative and see what it offers its residents.
What is HeatSmart Newton?
HeatSmart Newton is a relatively new, clean heating and cooling initiative based in the Newton community and exclusively run by volunteers. This initiative is meant to help residents improve the overall comfort of their home, lower the cost of their energy bills, and reduce their total greenhouse gas emissions.
Similar to the Mass Save Program, HeatSmart Newton offers special financing and incentives for your energy related products, in order to help mitigate costs for the home-owner. Let’s take a look at some of the incentives available through the program below!
Available HeatSmart Newton Incentives
Everything you need to know about current available financing and incentives available through the program can be found right on the HeatSmart website. As of September 2022, the available rebates and credits are detailed below.
Air source Heat Pumps/ Ground Source Heat Pumps
If you’re looking to upgrade your current home heating service to a more energy efficient one, look no further than Air Source Heat pumps.
Depending on your situation, qualifying residents can get access to the following incentives for a new heat pump installation:
Partial Home: $1,250 rebate per ton of heat pump capacity added. Heat pump MUST be displacing heat that was originally produced by fossil fuels or electric.
Whole Home: $10,000 for air source, $15,000 for ground source systems, installed to be the primary heating (or air conditioning system) system.
Heat Pump Water Heaters
Resident who choose to upgrade their hot water heater, originally powered by electric, oil, propane, or natural gas, with a more efficient heat pump water heater will be eligible for $750 in instant savings!
Special Financing
Also referred to as the Mass Save HEAT Loan, there is special financing available to qualifying residents who’re taking on a much larger project than they had anticipated. The Mass Save HEAT loan helps avoid costly personal loans with varying interest rates.
The Mass Save HEAT Loan offers a maximum loan amount of $25,000 at 0% interest with terms going up to seven years in length. Currently, there are over 90 banks and credit unions that work with Mass Save to help deliver financing that saves you money on your HVAC service!
Take a look at this infograph directly from the HeatSmart website for more information:
Where Does Endless Energy Come In?
So now you might be asking yourself, ” Okay, so where does Endless Energy come in?”
Right now! Thanks to our preferred partnership with Newton, our experts are on standby; ready to help assist any residents that want to see what options are available to them, what they qualify for, and how to go about saving the most money with these programs.
Our professionals will schedule a visit to your home, where they’ll do a general inspection of your home to get a better idea of where your energy is being lost. They’ll work with you, so you know what’s going on every step of the way, and work with you to help develop an “energy efficient solution” for your home that adds to the overall comfort level, and reduces your total carbon footprint.
Best of all, our experts know these programs inside and out, so they’ll be sure you’re saving every penny you can, all while adding value and comfort to your greatest asset.
Give Us a Call Today!
The frigid Boston winter is right around the corner, and it’s best to be prepared. Don’t get stuck with a heating repair bill this winter for your old outdated system. Call us today, and we’ll set your home up with quality product and installation, so you can get back to enjoying your hot chocolate and home comfort, knowing your new heat pump heating system will keep you warm for many winters to come. Best of all, you won’t break the bank!
