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These States Are Basically Begging You to Get a Heat Pump
(www.wired.com)
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this post was submitted on 10 Feb 2024
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MA might want you to, but has a problem. Just pre COVID, I had a quote, it was high, but not terrible, just well out of our range. We had a follow up quote after Massachusetts announced 10-15k more in rebates, and the price went up by about 15-20k. I get that some of this is that things are more expensive, but it also means that the incentives are not being seen by people, just installers. It's frustrating to say the least.
Did you get multiple quotes? When we had our HVAC system replaced, the quotes we got varied by almost $10K. The lowest bid was from the one who had the best online reputation and they did great work
Same, I got heat pumps installed in 2020 and the prices varies a ridiculous amount, pretty sure we were quoted anywhere from $30-50k for 7 indoor units and 3 outdoor stations. Ended up going with one of the cheaper options and after the MA HEAT loan (max $25k 0% 7yr one time use per family per house) pretty much all of the up front cost was refunded by tax season
This was from the same company, oddly enough. A mass save partner yada yada. (The first quote was at the same time they came for insulation installing)
I got our oil removed and heat pumps installed through masssave last fall.
I ended up getting 5 quotes that varies from $20k-50k. Two of the installers wanted to do ducted systems and eventually we ended up around $30k with a good installer.
We paid the 10k as a down payment in November. Got the 0% interest loan about $150/month. We just got the rebate check in the mail. And 150/mo plus the new electric rate is still cheaper than oil. Long term I'm hoping it will pay for itself.
Mind telling me the installer you used? I'm in Watertown and looking to do this.
Check your direct messages