A community in Massachusetts is about to become one of the first in the U.S. to be heated with geothermal, or ground source heat pumps, that are connected to each other.
Massachusetts does have some significant incentives to convert to heat pumps, and it looks like solid financial sense when you need to replace oil or propane.
If you have an older electrical service/panel, you may need to update that as well. There is also a rebate to help with that, but I don’t know the tradeoff since I don’t need it
“Cash for Clunkers” makes sense for cars, since there is a used car market. Instead of someone buying an older used car and continuing to use it, the program bought those up and disposed of them earlier than otherwise, where it made sense for the environment . However there really isn’t a secondary market for old broken furnaces, so this doesn’t apply
I looked into it last year, but unfortunately not as clear cut for me:
it’s all or nothing. Replacing both my furnace and that in my addition at the same time in order to qualify, made it too expensive of a project
gas heat is cheaper and cleaner than oil or propane so not as good a payoff
one of the incentives might have had an income ceiling I didn’t qualify for, I don’t remember
Massachusetts does have some significant incentives to convert to heat pumps, and it looks like solid financial sense when you need to replace oil or propane.
If you have an older electrical service/panel, you may need to update that as well. There is also a rebate to help with that, but I don’t know the tradeoff since I don’t need it
“Cash for Clunkers” makes sense for cars, since there is a used car market. Instead of someone buying an older used car and continuing to use it, the program bought those up and disposed of them earlier than otherwise, where it made sense for the environment . However there really isn’t a secondary market for old broken furnaces, so this doesn’t apply
I looked into it last year, but unfortunately not as clear cut for me: