Rebates and Tax Credits

AUSTIN ENERGY'S ENERGY EFFICIENCY REBATE AND LOAN PROGRAMS

Homes older than ten years old can benefit greatly from a review of their energy usage. Austin Energy's HOME PERFORMANCE WITH ENERGY STAR® Programs covers up to 20% of the cost of certain energy efficiency improvements -- up to $1575. Rebates are included on air conditioner or heat pump units that meet certain efficiency standards, as well as on duct repair and sealing. The air conditioner/heat pump rebates range from $180.00 - $650.00.

In addition, Austin Energy makes low-interest loans that are unsecured and do not require a lien on the property. Your Stan's salesman can help you configure the best system to meet your needs and to maximize the saving available from Austin Energy.

Please note you can apply for either a rebate or a loan, but not both. And be aware that these programs are available on a first-come, first-serve basis.

In addition, Austin Energy has a Power Saver Program that offers a free programmable thermostat plus installation and warranty. Austin Energy considers this package a $200.00- $280.00 value. This program requires the homeowner to allow Austin Energy to "cycle" your air conditioner with others. There is also a $25.00 one-time bonus for single-family customers agreeing to an extra five minutes of cycle-off time. According to Austin Energy, "this option is great for homes with multiple central air conditioners and/or customers not home during the day."

FEDERAL TAX CREDITS

Under the American Recovery and Reinvestment Act of 2009 consumers can receive a tax credit in 2009 and 2010 on their federal tax return for 30% of the cost of installing an Energy Star HVAC system, up to $1500.00. Cost includes installation labor costs.

In addition, geothermal heat pump installations receive the same 30% credit through 2016 with no upper limit on the costs of the system.

Stan's can discuss with you the benefits of a conventional HVAC system vs. a geothermal system and can install either system to meet your air quality needs.

For additional information about federal incentive programs or efficiency incentives go to the following link: energystar.gov/taxcredits. Tax credits should be discussed with your tax advisor as individual tax situations can vary.

AUSTIN GAS CONSERVATION RESIDENTIAL PROGRAMS

Texas Gas Service is currently offering the following incentive residential programs:

Furnace incentive program- a $75 cash incentive for installing a new energy-efficient central furnace with certain minimum efficiency ratings.
Duct sealing program- cash back for sealing ductwork on your existing gas furnace.
Attic insulation program- cash back for upgrading the insulation in your attic.
This program is available in conjunction with the Austin Energy whole house program.

Incentive programs are available on a first-come, first-serve basis. Funding and guidelines for these programs may be changed or discontinued at any time without notice.

PEDERNALES

Heating and cooling system rebates up to $225.00 for 14.0 SEER and up
Air to Air Heat Pumps $350.00 for 14.0 SEER and up (Min 6.8 HSPF)
Bonus rebates for dual fuel system (propane/heat pump) rebates of $1000.00 and up
Geothermal (water source heat pumps) $1000.00 for 14.0 EER and up

New construction is not eligible for these programs.

ONCOR DELIVERY (OLD TXU CUSTOMERS)

Gas, propane or heat pump systems as high as $800+ depending on size, efficiency and for heat pumps HSPF.
Geothermal systems qualify for additional bonuses depending on use of desuperheater and efficiency. Depending on tonnage, EER, and desuperheater rebates over $1900.00.
Must be on Oncor electric meter.

Call Stan's for a free replacement system estimate today before rebates and tax credits change.