Atlanta, GA (PRWEB) April 1, 2009
The stimulus plan helps homeowners replace worn heating and air conditioning equipment while lowering utility bills and promoting green energy. The plan has set aside $300 million for rebates that could be used for home improvement projects.
When Chris Smith's 10-year-old air conditioning system started acting up, he knew he needed to replace it. Concerned about the economy, Chris was waiting to replace his home's heating and air conditioning system. The new stimulus package changed his plans.
Chris and his wife, Michele, 38, said it made more sense to buy the more-efficient system to cut down utility bills and qualify for the stimulus tax credit. "Since we plan on staying in our house, we need to get the better indoor air quality and energy savings," he said.
Under the stimulus plan, homeowners can receive up to a $1,500 tax credit if they buy a new, energy-efficient air conditioner and furnace.
Jimmy Gibson manages Green Heating and Cooling. He recommends changing your heating and air conditioning system about every 10 to 12 years. Gibson said the stimulus bill should encourage homeowners to upgrade their home's comfort systems and lower utility costs.
"You are looking at 10-30 percent off the cost for a new system, so it makes since to make the change now," Gibson said. Gibson said homeowners should start seeing the savings on their electric bills. "You're probably going to save 30 to 60 percent on actual cooling portion of bill," Gibson said, "combined with improved indoor air quality and comfort".
Smith said he is not only getting cleaner air at a better price, but he's also happy he's going to be receiving lower electric bills.
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