For Immediate Release
Media Contact: Belle Beachner, Phone 585.935.7186 Email: [email protected] (preferred contact method)
$128/Month: Geothermal Heating and Cooling, Domestic Hot Water - No Money Down
BUFFALO, NY - August 14, 2018 - GroundUp: Geothermal Alliance of Western New York is leading the charge to bring Geothermal Heating and Cooling into every home in Western New York with its new $128/month and $0 money down financing option. This offer is for any qualifying homeowner looking to build a new home or replace their existing heating and cooling system in their current home, and usually covers houses up to 4,000 sqf with good insulation.
The GroundUp package includes the world’s most efficient system available, the variable speed Waterfurnace 7 series, that provides 12 stages of heating and cooling to provide comfort in your home year round, eliminating the need for any fossil fuel system. In addition, the GroundUp system includes a dedicated ground source heat pump and a water storage tank, providing 100% of the hot water to the home.
“On average, homeowners currently using oil or propane can expect to save up to 80% on heating and cooling bills with the most efficient geothermal system available. Plus home owners get a brand new system with 10 year parts and a 5 years labor warranty” says Ryan Dailey from Dailey Electric, a GroundUp alliance member in Penn Yan, New York.
“Instead of paying $3,000 a year in propane or oil to heat their home, the $128 a month financing will bring immediate monthly savings to homeowners. In addition to emission free heating and hot water, the customers will also have the most comfortable and efficient cooling system.” says VanHee Geothermal’s Kevin Moravec, another Alliance member from Ontario, New York.
The New York State Energy Research and Development Authority (NYSERDA) has up to $15 million available through June 2019 for the installation of ground source heat pump systems for residences, businesses and institutions. Rebates are available to qualified installers for two years or until all funds have been exhausted. The rebate will be deducted from the total cost of the system, thereby passing the savings along directly to consumers. All GroundUp alliance installers follow NYSERDA’s installation standards for geothermal systems, assuring homeowners quality and performance.
Senator Rob Ortt (R,C,IP,Ref-North Tonawanda) said: “I am proud to have sponsored and passed legislation that will more easily allow residents of our state the ability to choose alternative energy sources for heating their homes,” said Sen. Rob Ortt. “Historically, the most challenging problem with regard to alternative energy has always been the cost associated with changing over system technology. However, thanks to bi-partisan support from my colleagues in the Legislature, and the efforts from NYSERDA and New York Geothermal, cost is becoming less of an issue. Alternative heating options can now be affordable for all residents, potentially saving them thousands per year in heating costs.”
Kate Bartholomew, Chair, Sierra Club Atlantic Chapter, said: "The Sierra Club recognizes that 1/3 of New York's greenhouse gas emissions come from heating our homes and businesses. To avoid the worst extremes of climate change we need to stop burning fossil fuels for heating, and geothermal heat pumps are a proven way to do just that. We are excited by this initiative to couple renewable heating with low cost financing."
Bill Nowak, Executive Director of the New York Geothermal Energy Association said: "NY-GEO applauds its members in Ground Up WNY for developing this attractive financing option. Geothermal heating and cooling is a low-cost option for New Yorkers, but because so much of the cost is front loaded at the installation of the system, it's hard for consumers to see the cost advantage. Providing a $0 down option could revolutionize the market for heating and cooling in New York! "
To take advantage of this new low-cost financing option contact us at GroundUpGeo.org/contact and a certified GroundUp geothermal installer will help you to begin the process.
MEDIA CONTACT: Belle Beachner Phone 585.935.7186 Email: [email protected] (preferred contact method)