Massachusetts "HEAT" Loans
The residential HEAT Loan Program provides 0% loans from participating lenders to assist with qualified energy-efficient improvements in homes or rental properties.
Loans are available up to $25,000 with terms up to 7 years (depending on the loan type).
Eligible energy-efficiency improvements include:
- High efficiency air conditioning systems (New!)
- High efficiency heating systems
- High efficiency domestic hot water systems
- Solar hot water systems
- ENERGY STAR® thermostat(s)
Loan authorization review can take as little as 24 hours and lenders can generally produce loan checks in 1-3 days. Not everyone is eligible, but Alvin Hollis can help you determine if you may be able to benefit from this terrific consumer assistance program.
Federal Tax Credits
for Energy Efficiency
|Air Conditioning||≥16 SEER / 13 EER||Tax credit up to $300|
|Heat Pumps||≥ 5 SEER / 12.5 EER / 8.5 HSPF||Tax credit up to $300|
|Furnace: Natural Gas / Propane||AFUE ≥95% (with ECM motor)||Tax credit up to $150|
|Boiler: Natural Gas / Propane||AFUE ≥95%||Tax credit up to $150|
|Qualified Hot Water Heater||Tax credit up to $300|
A $500 cap applies per homeowner or home. In addition, a lifetime tax credit cap of $500 applies for prior claims submitted since Jan. 1, 2005.
Now through December 2013.
Systems installed in 2012 are also eligible for tax credit.
Gas Networks Rebates for
High-Efficiency Home Heating
|Heating Equipment||AFUE Rating||$ Rebate|
|Warm air furnace with ECM||97% AFUE||$450|
|Warm air furnace with ECM||95% AFUE||$300|
|Hot water gas boiler||90% AFUE||$1000|
|Hot water gas boiler||95% AFUE||$1500|
|Indirect hot water heater (attached to above boiler)||$400|
|Hot water gas boiler w/water heater combo||90% AFUE||$1200|
|On demand, tankless hot water heater - EF ≥ .82||$500|
|On-demand, tankless hot water heater - EF ≥ .94||$800|
|Energy Star or Programmable thermostat||$25|
|Heat Recovery Ventilator (HRV)||$500|
|Boiler Outdoor Reset Control||$225|
|Wi-Fi Connect Thermostat||$100|
Cool Smart High-Efficiency
Air Conditioning / Heat Pump Rebates
|Rebate Type||SEER||EER||HSPF||Rebate Amount|
|Central AC/Heat Pump||≥14.5||≥12.0||≥8.2||$150|
|Central AC/Heat Pump||≥15.0||≥12.5||≥8.5||$300|
|Central AC/Heat Pump||≥16.0||≥13.0||≥8.5||$500|
|Ductless Mini-Split Heat Pump||≥16.0||≥12.0||≥8.2||$150|
|Ductless Mini-Split Heat Pump||≥19.0||≥12.5||≥10.0||$300|
|Ductless Mini-Split Heat Pump||≥20.0||≥13.0||≥10.0||$500|
Cooling-only units are not eligible
Mass Save Rebates for Furnaces,
Boilers and Water Heaters
|Installation Type||Oil or Propane Heat||Manufacturer’s AFUE is at least|
|High Efficiency Warm Air Furnace||$100||83% Oil, 90% Propane|
|High Efficiency Warm Air Furnace with an Electronically Communicated Blower Motor (ECM)||$400||83% Oil, 92% Propane|
|High Efficiency Hot Water Boiler||$500||85% Oil, 85% Propane|
|On-Demand or Indirect Water Heater||$300||.82 EF for On-Demand (N/A for Indirect)|
|Energy Star® programmable set-back thermostat||$25||Must be EnergyStar labeled (2 per customer)|
Carrier Cool Cash
Instant savings of up to $1350 on Carrier’s best heating and cooling systems and components. Additional rebates may also be available for Carrier products with Greenspeed intelligence. Cool Cash offer periods are for a limited time, and not during all parts of the year. Act early and be sure to save!
Now through June 30, 2013
Carrier New England
AC Upgrade Program
Let Alvin Hollis install a qualifying Carrier furnace AND install a new or replacement Carrier A/C condensing unit, then receive one of these rebates!
|Tier1||Efficient A/C||$200 rebate|
|Tier2||More efficient A/C||$300 rebate|
|Tier3||Most efficient A/C||$500 rebate|
|Tier4||Greenspeed heat pump system||$800 rebate|
|Tier4||Greenspeed hybrid heat system||$1000 rebate|
|NEW!||Toshiba/Carrier Ductless Mini-Split System||$200 rebate|
Limited time offer through May 31, 2013
Rebates can be confusing
Call us for clarification as to which rebates qualify for your home!