Now more than ever, homeowners are looking for ways to save money on energy costs. One of the best ways to save money on energy costs is by investing in high efficiency HVAC (heating, ventilation, and air conditioning) technologies. These investments have the potential to significantly increase the energy efficiency of a homeowner’s residence, which can lead to significant energy bill savings.
2023 HVAC Technologies
Smart Thermostats
Smart thermostats are programmable thermostats that can be controlled remotely using a smartphone or tablet. These devices can be programmed to turn the HVAC system on and off at specific times, which can help to reduce energy consumption and save money on energy costs. Additionally, smart thermostats can be set to automatically adjust the temperature based on the weather outside, which may also help reduce energy consumption.
Variable Speed Compressors
Variable speed compressors are another technology that can save homeowners money on energy costs. These compressors work by adjusting the speed of the HVAC system based on the temperature inside the home. This can help to reduce energy consumption, which can lead to significant savings on energy bills. Variable speed compressors are a commonly selected HVAC technology by our Wichita, Kansas customers.
Ductless Mini-Splits
Ductless mini-splits are another technology that can save homeowners money on energy costs. These systems work by providing heating and cooling to individual rooms or zones in a home, rather than the entire home. This can help to reduce energy consumption, which can lead to significant savings on energy bills. Ductless mini-splits are another popular option amongst our Wichita, Kansas customers.
Geothermal Systems
Another technology that can save homeowners money on energy costs is the geothermal system. Geothermal systems use the energy from the earth to heat and cool a home. They work by pumping a mixture of water and antifreeze through a series of underground pipes, which absorbs the heat from the earth in the winter and releases it in the summer. Geothermal systems are highly energy-efficient, and have been known to save homeowners up to 70% on their energy bills.
Heat Recovery Systems
Heat recovery systems are another technology that have the potential to save homeowners money on energy costs. These systems work by recovering the heat from the exhaust air and using it to preheat the incoming air. This can help to reduce energy consumption, which can lead to significant savings on energy bills.
Insulation
Insulation is important when it comes to HVAC efficiency, as well. Insulation can save homeowners money on energy costs. By insulating your home properly, you can help to reduce the amount of energy needed to heat and cool your home. This can lead to significant savings on energy bills.
Government Incentives and Rebates
There are also many government incentives and rebates available for homeowners who invest in energy-efficient HVAC systems. For example, according to Energy Star, new federal income tax credits are available through 2032 providing up to $3,200.00 annually to lower the cost of energy efficient home upgrades by up to 30 percent.[1] Additionally, there is an available Residential Clean Energy tax credit that “provides a 30 percent income tax credit for clean energy equipment, such as rooftop solar, wind energy, geothermal heat pumps and battery storage through 2032, stepping down to 22 percent for 2033 and 2034.”[2] Furthermore, some states and utility companies offer rebates for homeowners who invest in energy-efficient HVAC systems.
Choosing the Right Technology
Investing in the latest HVAC technologies can significantly increase the energy efficiency of your home, which can lead to significant savings on your energy bills. When choosing the right HVAC technology for your home, it is important to consider factors such as (but certainly not limited to) the size of your home, the weather in your particular area, and your budget. An HVAC professional should be able to provide you with valuable insight as to available HVAC technology and what will work best in your particular home based on your needs. Also, it’s important to hire a skilled HVAC professional to install the HVAC technology, as this can help to ensure that the technology is installed correctly and that it is working at its maximum efficiency.
It’s also worth mentioning that many of these technologies can also be integrated with renewable energy sources such as solar panels, which can increase the savings and help to reduce the carbon footprint of your home.
If you’re ready to take steps to start saving money on your energy costs, considering calling a Larry Cook Heating and Cooling. You can reach us by phone at 316-322-5668, or by sending us a contact request through our website.
[1] Federal Income Tax Credits and Incentives for Energy Efficiency | ENERGY STAR
[2] Federal Income Tax Credits and Incentives for Energy Efficiency | ENERGY STAR
