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How the Mass Save Heating Loan Program Can Help You Upgrade Your Home’s Heating System?

 

With home energy costs rising steadily, it’s important to use the right technology to keep up, stay current and make those costs as low as possible. 

That means upgrading your home’s heating system, especially if it’s older. Older furnaces and boilers can cost you money, and older electrically-based heating systems are even worse when it comes to high costs. 

There are plenty of ways to upgrade your home heating system, and a Mass Save® heating loan is one of the best. It gives you the money to do what you need when it comes to upgrades, and it’s part of an ongoing government program to get savings in the process. 

 

Get a Home Energy Assessment to Start the Mass Save® Heating Loan Upgrade Process

To upgrade your heating system effectively, you need to go through the Mass Save® program. The process starts with a home energy assessment from a company like Revise, Inc., which is a licensed contractor under the Mass Save® program. 

There are two advantages to taking this approach:

  • The energy efficiency report from the home energy assessment will completely evaluate the energy efficiency of your home, from the effectiveness of your insulation to the efficiency of your current home heating system. 
  • That report will also include recommendations about which upgrades to make, how to make them, and how much you’ll save when you do. That will allow you to go about the upgrade process systematically, so you can save the maximum amount and get the best products in the least amount of time. 

 

Get a Heat Pump with Your Mass Save Heat Loan

If you’re looking to maximize your home energy efficiency, a heat pump is the way to go. Heat pumps offer an energy efficiency of up to 300 percent, compared to just over 90 percent for the most energy efficient furnaces and boilers. 

So why is a Mass Save® heat loan the best way to finance a heat pump purchase? The answer is in the numbers. For starters, these kinds of heat loans can give you up to $25,000 with zero interest once you verify your eligibility and do the paperwork for the loan. 

The reason you may need that much money for a heat pump is that they’re probably the most expensive upgrade you can get under the terms of the Mass Save® program. You can get a rebate of up to $15,000 under Mass Save®, but it’s nice to have that extra cash to finance the initial purchase. 

It’s important to note that heat pumps don’t heat your home in traditional ways by heating the air directly. Instead, they draw air or water from beneath the ground or in the air around your home before heating it, and that’s what gives them their excellent home heating efficiency rating. 

 

A Hybrid HVAC System Will Give You Mass Save® Super Savings

Another way to upgrade your heating system is to get a hybrid HVAC system, which is an especially good way to go if you have a newer furnace or boiler. 

You’ll be adding a heat pump, but it will be heating your home in a way that’s slightly different. Hybrid HVAC systems use intelligent home control technology to select the most reliable and efficient heating method. The heat pump will heat your home during relatively mild cold temperatures, but during extreme cold, they’ll automatically switch over to use your furnace. 

The best thing is that you get to control when and how this heating happens. You can set up a hybrid system to rely exclusively on the heat pump, or you can set the temperature at which the furnace will kick in and take over. 

Add in the rebates you can get for these kinds of systems, and getting a heat loan to purchase one becomes a virtual no-brainer.

 

Use a Mass Save® Heat Loan to Upgrade Your Boiler or Furnace

For some Massachusetts homeowners, a heat pump may not be the best choice. This may be due to their budget, the size or configuration of their home, or other related reasons. 

But these same homeowners can also get in on the upgrades by purchasing a new energy efficient furnace or boiler with the money from their Mass Save® heating loan. 

These furnaces and boilers still offer an energy efficiency rating of over 90 percent, and Mass Save® offers serious discounts that will defray the costs. 

 

Related Heating Upgrades You Can Get With Your Mass Save® Heat Loan

While your insulation, windows, and doors aren’t technically part of your home heating system, they definitely play an important role in preventing heat loss. 

A home energy assessment will help identify if they’re costing you money, and if they are you can use some of the money from your Mass Save heat loan to get window upgrades and improve your insulation. 

 

Financing and Private Banking for Your Heat Loan

As you go about upgrading your home heating system, it’s important to understand exactly how the financing system works. It starts with you having an established account with a Massachusetts utility provider, which is something most owners have anyway. 

Once you verify that, Revise, Inc. can walk you through the paperwork. You’ll be submitting it to either a bank or a credit union that’s been approved by Mass Save®, and once you get approval you’ll work with that financial institution to start payments. 

To do that, your bank or credit union may ask you to set up a business account to handle payments. But private banking isn’t the only way you’ll have to monitor payments—they’ll also show up on your monthly utility bill, which will allow you to see how much money you’ve got going out along with the savings you’ll be gaining from the upgrades to your home heating systems. 

 

Learn How to Use Your Mass Save® Heat Loan to Upgrade Your Home Heating System with Revise, Inc.

At Revise, Inc., we’re committed to doing everything we can to help make your home more energy efficient and educating you about your home and what you can do to maximize savings under Mass Save®. 

We’re proud to be a designated contractor under the Mass Save® program, and we’ve helped hundreds of customers save thousands of dollars while improving their energy efficiency. 

We make the process as simple as possible. Our home energy assessors are professionals who are extensively trained to evaluate your energy needs, and we’re happy to answer any questions you may have or explain anything from the assessment. We want you to understand that it’s a lot easier to increase your savings than you think, and we can show you how to do it. 

To start the process, call us at 800-885-7283 (SAVE) or visit our website, www.callrevise.com. We’ve got some great information about savings there, so it’s an excellent place to start if you’re curious and you want to get some background material about how to spend less while making your home more energy efficient.

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