NOW IS THE PERFECT TIME TO REPLACE YOUR FURNACE & A/C WITH UP TO $2000 IN REBATES.
ACT BEFORE March 31st
There currently is an Xcel rebate of $750 towards 95% or higher furnaces. If you upgrade the blower to a high efficiency ECM blower you get an additional $100 for a max of $850 total. The $750 for 95% or higher is good until March 31, 2018. After that it will go back down to $300. The $100 ECM blower rebate is good on any furnace that utilizes an ECM even standard 80% efficient models, and does not currently have a deadline.
Also the $1150 rebate for high efficiency AC’s is still available with no current deadline. To get this rebate the furnace has have a ECM motor. This makes it a good time to replace your entire heating/cooling system with a total of $2000 in available rebates.
Rebates help with the initial cost of equipment
Buying a 95% efficient furnace with EC Motor protects you from the potential of future rising energy costs
EC Motors are less expensive to run than conventional furnace fans
Quieter operation thanks to a lower fan speed
Improved comfort with less temperature fluctuation, maintaining a more even temperature
Your Average Savings
These upfront rebates help you save on the cost of more efficient equipment. You are also expected to save energy and money every year for about 18 years – the average life of a furnace.
Average sized 95% efficient furnace savings are shown here, compared to the baseline 80% efficient new furnaces. Here’s a breakdown of the savings:
|$5.24 per dekatherms (unit measure for natural gas)|
|x $19.73 dekatherms per year for an average sized 95% efficient furnace|
|$ 103.39 per year|
|x 18 years|
|$1,861 in savings if energy prices remain the same|
In addition, a new EC Motor in a new furnace could provide savings for about 18 years. If you put a new EC Motor into an existing furnace, the savings last for an average of seven years. That’s an estimated total of $585 if energy prices remain the same.
|$0.103 per kilowatt-hour (unit of measurement for electricity)|
|x 812 kilowatt per year for an average sized furnace and AC system|
|$83.63 per year|
|x 18 years|
|$1,505 in savings if energy prices remain the same|
* Project must be invoiced/installed between October 15, 2017 to March 31, 2018 to qualify for a bonus rebate. Deadline to submit an application is April 4, 2018.