Damaged or outdated heating equipment can hamper your comfort and add to your monthly energy bills. You could be paying more for repairs, your monthly bills, or even risking your equipment breaking down. We will all encounter situations where equipment reaches the end of its lifespan and an upgrade is necessary, but you don’t want to wait until it’s an emergency! As a NEIF-approved contractor, Spring Brook Ice & Fuel can make the investment in your comfort easier to manage by helping you secure low-cost financing for your new boiler or furnace.
Preferred NEIF-approved contractors
The National Energy Improvement Fund helps homeowners upgrade to more energy-efficient heating and cooling equipment by providing low-cost monthly financing options with clear terms and no hidden costs. With an easy, paperless process and instant credit decisions, there are no points, fees, or closing costs required. Best of all, these low monthly payments will be offset by the savings from your energy improvements!
You can use the NEIF EnergyPlus Loan calculator to get an idea of what your monthly payment would look like or apply right from the website!
Watercress Financial
Watercress Financial focuses on financing home improvement projects. Countless homeowners have been able to secure low interest, extended payment terms up to 15 years with Watercress Financial. Financing your home improvement payments with Watercress Financial will allow you to:
- Save your emergency funds for real emergencies
- Get the right solution for your needs
- Buy based on need and quality, not budget
- Better manage your overall credit and cash
Local initiatives with Energize CTâ„
Connecticut is doing its part to help empower homeowners and businesses to make smart energy choices that benefit our communities with Micro Loans, Smart-E Loans, Heating Loans, and Energy Conservation Loans (emergency only). Our highly trained and experienced customer service representatives will provide you with the resources and information you need to help secure the most favorable loan for your energy-efficient upgrade.
Available Rebates and Tax Credits
The Upgrade & Save-CT Energy Efficiency and Safety Rebate offers money-saving opportunities for new qualifying heating equipment, including:
- Up to $1,000 for the replacement or upgrade of an existing oil-fired boiler or furnace.
- Up to $500 for the installation of a new aboveground oil storage tank.
- Up to an Additional $600 Federal tax credit on qualifying equipment through the Inflation Reduction Act.
There are a number of different ways you can lower and budget the cost of your new energy-efficient upgrade, and Spring Brook Ice & Fuel would be more than happy to discuss all the available options at your disposal. And you can’t forget about the money you will save every month with your new state-of-the-art comfort system!
Call us at (860) 225-6491 or fill out a contact form with any questions.