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MassSave Still Offers 0% Financing On Qualified Boston Heating Improvements

Recently, I wrote about a program designed to help homeowners cope with the cost of replacing an old boiler. That rebate program, which provides between $1,900 and $3,500 in cash to homeowners who are replacing hot water boilers or steam boilers, expires July 31. If you plan to take advantage of that program to replace your boiler, Boston Standard Plumbing & Heating can help.

What if you don’t have a boiler, but you are contemplating a major improvement to your heating and cooling equipment? Well, you’re not out in the cold! MassSave offers 0% financing on qualified energy-efficient improvements. Homeowners and business owners can borrow as much as $25,000 on “same-as-cash” terms. Qualified improvements for residential borrowers include the installation of high efficiency heating and domestic hot water equipment; solar hot water systems; ENERGY STAR® qualified replacement windows; and weatherization. Loan terms are over 7 years, so if you borrow the program maximum, your payments would be less than $300 per month.

Highly efficient heating equipment, combined with weatherization and/or replacement windows can save you hundreds (or even thousands) of dollars in operating costs each year. Old heating systems may be as low as 20%-30% efficient, meaning that for every $100 you spend on fuel, you could be sending $70-$80 up the chimney. With highly efficient systems – those rated at 90% or better – the majority of what you spend on fuel is converted to heat for your living space. The system turns on less often, uses less fuel and makes your home more comfortable. As an added benefit, weatherization and window replacements will help keep your home more comfortable year-round.

Boston Standard Plumbing and Heating specializes in replacing old heating systems, including oil and gas equipment. We’ll come to your home, do a complete energy assessment and help you determine which improvements can help you make your home more energy-efficient. Contact Boston Standard Plumbing and Heating today at (617) 288-2911 for more information about 0% financing through MassSave or about how you can make your home more energy efficient.