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Tool Finds Incentives for High-Efficiency HVAC

Tool Finds Incentives for High-Efficiency HVAC

Posted on September 25, 2024 By rehan.rafique No Comments on Tool Finds Incentives for High-Efficiency HVAC


SEATTLE — E-Den Home Electrification Inc. (EDEN), a startup in the HVAC industry, has launched a new feature for its Instant Quote solution: Support for the Home Electrification and Appliance Rebates (HEAR) offered through the Inflation Reduction Act (IRA).

This new feature enhances the tool’s ability to screen and display multiple rebates and incentives, including the IRA’s HEAR program, which can offer homeowners up to $14,000 in savings on high-efficiency equipment.

EDEN’s Instant Quote screens for eligibility across all available incentives — HEAR, federal tax credits, local utility incentives, state and local programs, and municipal rebates — giving homeowners full visibility into the savings for which they may qualify, a press release from EDEN said. A contractor can easily toggle the HEAR program feature on or off, depending on whether the program is available in a particular state.

“Incentives have consistently been shown to drive consumer purchases, with up to two-thirds of homeowners more likely to consider heat pump installations when they learn about available incentives,” said EDEN co-founder and chief revenue officer Josh Koplin. “However, contractors often struggle to present all eligible rebates due to complex factors like location, utility provider, income, household size, fuel type, and equipment efficiency. EDEN’s advanced incentive database automatically filters through thousands of options to match homeowners with the rebates they qualify for. We’re excited to increase the visibility of these incentives, making it easier for contractors to sell high-efficiency equipment and communicate the value of these cost-saving, sustainable solutions.”

By using EDEN’s Instant Quote tool, contractors can offer homeowners a transparent, all-in-one solution that not only calculates and displays rebates across multiple programs but also provides accurate, real-time pricing, the press release said. The tool highlights how various rebates can be combined, giving homeowners the opportunity to maximize savings and make high-efficiency upgrades more affordable.

 

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