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 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, 2014
Rebates can be confusing
Call us for clarification as to which rebates qualify for your home!