A recent survey suggests that Americans are considering green home upgrades because of rising energy costs. But as federal incentives dry up, contractors may soon run into potential complications.
As reported by ACHR News, a survey conducted by AUX Air USA revealed that a majority of homeowners are motivated by financial savings when it comes to upgrading to energy-efficient HVAC systems.
Of the 600 homeowners who participated in the survey, 51% indicated that saving money was the primary reason that they would consider making their home more sustainable.
"Any time a homeowner wants to upgrade, of course, they want to save money," said Chris Hunter, principal industry advisor at ServiceTitan.
Upgraded HVAC systems can help you save up to 50% on your heating and cooling costs. TCD's HVAC Explorer is a great way to find an affordable HVAC system that is the perfect fit for you and your budget. You can even find $0-down HVAC subscription options.
Hunter suggested that contractors should offer multiple system options to homeowners who are looking to upgrade or even completely replace their HVAC systems. Even if that means that the customers will be paying a little more upfront.
"They can't assume they just want the cheapest, and they can't assume they don't want a very eco-friendly option," Hunter said.
But with the Trump administration's move to eliminate federal incentives by the end of the year, Hunter noted that contractors may be cautious to offer something that won't be around for much longer.
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"The last thing a contractor wants to do is promise a rebate, and all of a sudden funding drops," added Hunter.
If you're ready to upgrade your HVAC, check out TCD's HVAC Explorer to connect with a number of our trusted partners, including Palmetto, which can make it easy to upgrade your HVAC with just about any budget in mind.
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I can hardly afford my bills now 😮💨 Palmetto can help cut your heating and cooling costs in half with the installation of a more energy-efficient system. You can even lock in a new HVAC system for $0 down and subscription lease payments as low as $99 per month. You'll also be able to enjoy 12 years of free maintenance while potentially reducing your overall lifetime costs on the system.
Upgraded HVAC systems can be even more cost-effective when paired with the installation of solar panels on your home. You can take advantage of TCD's Solar Explorer to connect with vetted installers and save up to $10,000 on solar installations by curating competitive bids.
With the free Palmetto Home app, you can also unlock up to $5,000 in rewards for home improvements just by completing easy energy-saving challenges. The app also gives you tools to track and manage your home's energy use, making it easier to boost efficiency and save money.
Get TCD's free newsletters for easy tips to save more, waste less, and make smarter choices — and earn up to $5,000 toward clean upgrades in TCD's exclusive Rewards Club.
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