This content is provided by Washington Gas.
Upgrading your home to be more energy-efficient can be costly. In fact, furnaces and water heaters can be some of the most expensive equipment homeowners can buy. While high-efficiency water heating and furnace equipment can be costly up-front, choosing energy efficient models can save you money over the life cycle of the equipment.
There is also more good news. Washington Gas customers have options to help make these projects more affordable. Here are four ways you can lower the cost of energy efficient upgrades.
1. Take advantage of tax credits
ENERGY STAR products are independently certified to save energy, making them a smart investment for energy efficiency you can count on.聽New federal tax credits make ENERGY STAR certified equipment even more attractive. Credits can cover聽30% of the project cost up to $600.聽Federal tax credits may require exceeding Washington Gas efficiency requirements for rebates, check eligibility requirements at聽.
2. Use Washington Gas rebates to save on home heating
As much as聽. That鈥檚 why choosing ENERGY STAR certified heating equipment can have a big impact on your household budget. Compared to other models,聽. When you add in up to聽, or up to聽, you鈥檙e talking real money.
Here鈥檚 something else to consider.聽and may be close to failing. You can avoid the hassle and extra costs of equipment failure by replacing your old unit with a new ENERGY STAR certified model.
Maryland
Virginia
3. Use a Washington Gas rebate to purchase a new water heater
. When you choose an ENERGY STAR certified natural gas water heater, you鈥檒l get all the hot water you need, while also saving energy and money.
ENERGY STAR natural gas storage models have superior insulation and are more efficient than their standard counterparts. In fact, they can聽聽Additionally, Maryland customers can receive up to聽, while Virginia residents can get聽.
4. Finance your eligible projects
Ready to upgrade, but concerned about the upfront costs? Maryland residents can take advantage of聽聽created specifically for those purchasing high-efficiency home heating and water heating equipment.
Through the Clean Energy Advantage (CEA) Loan Pilot Program, Washington Gas residential customers can get a preferred interest rate on their loans. Plus, get 0% interest for the first 12 months.
Benefits of a clean energy loan include:
- Low fixed rate鈥攈elps avoid charges from a high-interest credit card.
- A range of term options.
- Reduced up-front costs for high-efficiency products and services.
- Up to 10 years to pay off your loan.
If you鈥檙e a Virginia resident, you can find information on energy efficiency rebates, tax credits and more聽.
Act now and upgrade for less
You never know when tax credits or other incentives will change, so you鈥檒l want to take advantage of these opportunities as soon as you can.
These energy saving program offerings are funded by the Virginia Conservation and Ratemaking Efficiency (CARE) Plan.
