My friend who is a builder sub contractor told me about heat pumps and their great qualities but I was old and stodgy, reluctant to break with the past. Wish I had read this article back then!
I’ld love to change out all my gas appliances but the cost doesn’t pencil out. I was quoted over $10k+ for a heat pump to replace my perfectly operational gas furnaces. Right now the price of propane is $6.00 per gallon and I spend approximately $600 per year to heat the house, water, and run the cook top. I wanted an induction cooktop, but I’ve read they are horribly unreliable. Air conditioning here means opening windows. And since I still need gas for the backup generator, I guess I’ll be sticking with gas. Incentives would sure help people like me.
There are a whole bunch of federal (and, in some areas, state) incentives available now, thanks to the Inflation Reduction Act! Also, induction cooktop technology has improved a lot lately. IRA federal tax credits will knock thousands off the price of a heat pump. You can check out Rewiring America's incentive calculator at https://homes.rewiringamerica.org/ .
This is great! I wish Matt could talk to the service guys at our local heating/cooling company here in Michigan. They're totally negative toward heat pumps, and at least as of last year, they didn't sell them.
My friend who is a builder sub contractor told me about heat pumps and their great qualities but I was old and stodgy, reluctant to break with the past. Wish I had read this article back then!
There's never been a better time than now, with improving tech & new federal incentives!
I’ld love to change out all my gas appliances but the cost doesn’t pencil out. I was quoted over $10k+ for a heat pump to replace my perfectly operational gas furnaces. Right now the price of propane is $6.00 per gallon and I spend approximately $600 per year to heat the house, water, and run the cook top. I wanted an induction cooktop, but I’ve read they are horribly unreliable. Air conditioning here means opening windows. And since I still need gas for the backup generator, I guess I’ll be sticking with gas. Incentives would sure help people like me.
There are a whole bunch of federal (and, in some areas, state) incentives available now, thanks to the Inflation Reduction Act! Also, induction cooktop technology has improved a lot lately. IRA federal tax credits will knock thousands off the price of a heat pump. You can check out Rewiring America's incentive calculator at https://homes.rewiringamerica.org/ .
This is great! I wish Matt could talk to the service guys at our local heating/cooling company here in Michigan. They're totally negative toward heat pumps, and at least as of last year, they didn't sell them.
They're missing out!
I found another heating contractor who does install and service heat pumps. This article has lit a fire under me to move forward with this project!
Awesome! Don't forget to claim federal tax credits to support your hard work!