I found some great money-saving AND energy-saving ideas today that I thought might help someone out. Some of them are things I wouldn’t have even dreamed of. Take this one for instance, Seattle City Light is offering a $1,500 rebate on a ductless heat pump. You can combine that with a 30% tax credit (up to $1,500 and have a pretty COOL deal 🙂
Costs, Savings & Payback Per Unit
| Cost of Unit and Installation | $5,000.00 |
| Rebate amount from SCL | $1,200.00 |
| Federal Tax Credit (if applicable) | 30% of cost, up to $1500 |
| Net Cost to Customer | $2,300.00 |
| Average kWh savings per year | 3900 |
| Dollar savings per year at SCL rate of $0.08 | $312.00 |
| Payback period in years | 7 |
Besides the rebate, tax savings and energy savings there are quite a few other benefits of the ductless heat pump:
Benefits of a Ductless Heat Pump
- Saves energy and reduces monthly expenses.
- Easy to install.
- Extremely comfortable and ultra-quiet.
- Additional federal tax benefit.
- Built in air conditioner.
- Remote included.
- No ductwork needed
It seems pretty easy to qualify for the program:
Am I Eligible?
- You must use electric resistance heating as the primary heat source for your home. These systems include: baseboard heaters, cadet wall heaters, electric hydronic baseboard heaters, and electric furnaces.
- You cannot have gas service hooked up to your home.
- Your home must be built before 2007.
- You must agree to have your billing history made available and your energy use monitored for one year after installation.
I unfortunately live in a place that has gas hooked up to it (only for the fireplace)so it seems I wouldn’t qualify. But that doesn’t mean I’m not going to let my clients and friends know about it that I think might qualify. It will be good for them and for the environment! It’s a great program and one of those hidden secrets so pass it on!
For more info: http://bit.ly/SeattleDuctlessHeatPumpRebate
I’ve found a few more I’ll be talking about over the next few days!
