{"id":283,"date":"2014-10-02T15:44:53","date_gmt":"2014-10-02T15:44:53","guid":{"rendered":"http:\/\/providerpower.com\/power-to-help\/?p=283"},"modified":"2017-12-15T13:22:29","modified_gmt":"2017-12-15T18:22:29","slug":"save-money-energy-efficient-investments-maine","status":"publish","type":"post","link":"https:\/\/providerpower.com\/power-to-help\/save-money-energy-efficient-investments-maine\/","title":{"rendered":"Mainers Can Save Money with Energy Efficient Investments"},"content":{"rendered":"<p>Mainers, on the whole, seek out value\u2014just ask the thousands of <i>Uncle Henry\u2019s <\/i>subscribers out there. So, when it comes to investing in new energy-efficient appliances and heating and cooling systems, it\u2019s always a bonus when you\u2019re able to score a great deal.<\/p>\n<p>While you\u2019ll save substantially on your energy bills over the long-term by making the switch to energy-efficient appliances and systems, Maine also offers a number of rebates and incentive programs to make the thought of changing your equipment even more appealing.<\/p>\n<p><a title=\"Efficiency Maine\" href=\"http:\/\/www.efficiencymaine.com\/\" target=\"_blank\">Efficiency Maine<\/a>, a Maine state government initiative, provides a wealth of material about rebate and incentive programs on its website. Here\u2019s a sampling of what\u2019s available:<\/p>\n<p>Under the Home Energy Savings Program, which has a total cap of $1,500 in incentives for residential buildings of up to four units, you can choose from:<\/p>\n<h2>Up to $400 for air sealing:<\/h2>\n<p><b>\u00a0<\/b>If you use weatherstripping or caulking to seal your home against air leaks, and then get an assessment done by a BPI-certified professional, you could get up to $400 in rebates.<\/p>\n<h2>Up to $1,000 rebate for home insulation:<\/h2>\n<p>If you insulate your home\u2019s walls, attic, or basement, you\u2019re eligible for a rebate of up to $500 for each insulation measure, or $1,000 for multiple insulations with a minimum $3,000 total cost.<\/p>\n<h2>Up to $750 for supplemental heating system installation:<\/h2>\n<p>You can receive a $250 rebate for purchasing an EPA-approved wood stove or pellet stove. If you purchase a ductless heat pump (typically around $3,500 for equipment and installation), you could receive a rebate of $500.<\/p>\n<h2>Up to $500 for a high-efficiency central heating system:<\/h2>\n<p>When you make the move to an Energy Star-rated furnace or boiler, or install an air source heat pump, you\u2019ll be eligible for an incentive of $500, provided you\u2019ve spent at least $1,500 on the project.<\/p>\n<p>You are also eligible for a $5,000 rebate for choosing one of two energy efficient heating system options:<\/p>\n<ul>\n<li><b>A geothermal heat pump<br \/>\n<\/b>This type of home heating and cooling system naturally draws heat or cools the air in your house using an underground loop system. The system cost and installation typically costs<a href=\"http:\/\/www.efficiencymaine.com\/renewable-energy\/geothermal-heating-cooling-systems\/\" target=\"_blank\"> approximately $40,000<\/a>, but is eligible for a 30% federal tax rebate in addition to the $5,000 state rebate, bringing the total cost down to $23,000. Based on anticipated savings, the system will lead to nearly $50,000 in savings over a 20-year period.<\/li>\n<\/ul>\n<ul>\n<li><b>A pellet boiler<br \/>\n<\/b>These automated pellet-burning stoves are connected to a central heating and hot water system, and can help you save up to 60% on your annual heating costs.<a href=\"http:\/\/www.mainebiz.biz\/article\/20130416\/NEWS06\/130419967\/interphase-brings-high-tech-pellet-boiler-stateside\" target=\"_blank\"> Pellet boiler equipment and installation pricing<\/a> starts around $9000, bringing the cost down to $4,000 with the rebate program.<a href=\"http:\/\/www.efficiencymaine.com\/docs\/Eligible-Pellet-Boiler-Criteria-and-List.pdf\" target=\"_blank\"> Criteria for eligible pellet boilers can be found here.<\/a><\/li>\n<\/ul>\n<p>Visit<a href=\"http:\/\/efficiencymaine.com\" target=\"_blank\"> Efficiency Maine<\/a> to find out about applying for state-run incentives and rebates to make your home more energy-efficient and save money on your power bill for years to come.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mainers, on the whole, are frugal people\u2014just ask the thousands of Uncle Henry\u2019s subscribers out there. So, when it comes to investing in new energy-efficient appliances and heating and cooling systems, it\u2019s always a bonus when you\u2019re able to score a great deal.<\/p>\n","protected":false},"author":27,"featured_media":1002,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[90,81,76,91],"class_list":["post-283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy-savings","tag-efficiency-maine","tag-energy-efficiency","tag-maine","tag-rebates"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/providerpower.com\/power-to-help\/wp-content\/uploads\/sites\/5\/2014\/10\/efficiencymainelogo.gif","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7rbwO-4z","_links":{"self":[{"href":"https:\/\/providerpower.com\/power-to-help\/wp-json\/wp\/v2\/posts\/283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/providerpower.com\/power-to-help\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/providerpower.com\/power-to-help\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/providerpower.com\/power-to-help\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/providerpower.com\/power-to-help\/wp-json\/wp\/v2\/comments?post=283"}],"version-history":[{"count":0,"href":"https:\/\/providerpower.com\/power-to-help\/wp-json\/wp\/v2\/posts\/283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/providerpower.com\/power-to-help\/wp-json\/wp\/v2\/media\/1002"}],"wp:attachment":[{"href":"https:\/\/providerpower.com\/power-to-help\/wp-json\/wp\/v2\/media?parent=283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/providerpower.com\/power-to-help\/wp-json\/wp\/v2\/categories?post=283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/providerpower.com\/power-to-help\/wp-json\/wp\/v2\/tags?post=283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}