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Energy saving rebate programs offered by Nicor Gas and Peoples Gas will change on June 1, 2014, but there’s still time for consumers to take advantage of a wide range of energy saving home improvements as long as qualifying equipment is installed by May 31, 2014.
The following water heater rebates are included in the current programs:
- Nicor Gas $100 Energy Star Storage Water Heater Rebate
- Peoples Gas $50 Storage Water Heater Rebate
- Peoples Gas $100 Tankless Water Heater Rebate
- Peoples Gas $250 BONUS Rebate! In addition to free energy-saving products for your home, get a $250 bonus rebate on top of the standard rebate when you install a qualifying high-efficiency furnace, boiler or water heater.
Contact DRF today to schedule same-day installation of your new water heater!
Energy Efficient Tankless Water Heaters from DRF Trusted Property Solutions Save Chicago Homeowners Money and Reduce Energy Waste
The second largest home energy expenditure after space heating and cooling is water heating, totaling an average of $400-$600 per year. By heating water only when it’s needed, tankless water heaters reduce water heating expenses and eliminate energy waste associated with traditional storage water heaters. An ENERGY STAR certified tankless water heater can save the typical family more than $1700 on natural gas costs over the lifetime of the water heater, with larger families saving even more.
Old, inefficient storage water heaters have to work non-stop to keep tens of gallons of water hot and ready for use. The water heater continues to work, burn energy, increase your utility bill, and impact your carbon footprint, whether you are home or not, using the hot water or not. The larger the water heater tank, the more energy wasted. Chicago tankless water heaters only heat water as it is demanded. Therefore, when the hot water is turned off, the tankless water heater is saving money for Chicago homeowners.
Tankless water heaters provide a number of benefits for Chicago families, in addition to saving money and energy. Tankless models maintain a continuous flow of hot water, so no family member ever has to suffer through a cold shower! Gas tankless water heaters are compact and mounted on the wall, saving space and eliminating potential damage from any flood water. Tankless water heaters last two-three times longer than traditional tank water heaters. Tankless models also eliminate the risk of tank leaks, almost a guarantee with a storage tank water heater.
If you are one of the 27 million households with a storage water heater that is 10 years old or more, waiting for it to fail could be a costly mistake. Being proactive and shopping for a new, more efficient water heater will allow you to choose the best water heating solution for your home and family. Currently, Peoples Gas is offering their customers a $150 rebate for an energy efficient tankless water heater, plus a bonus $250 rebate for installing FREE energy-saving solutions in conjunction with the water heater. Working with a Chicago area utility trade ally such as DRF Trusted Property Solutions will guarantee a safe and code compliant installation, and access to all available rebates and incentives.
For more information about energy efficient water heaters and same-day water heater installation, contact DRF at 630-615-7000 or submit your request online at www.DRFtps.com/tanklessbid.
The installation of new energy efficient boilers is underway at Chatham Park Village Cooperative (CPVC) in Chicago, Ill., that will improve the efficiency of the heating system. The 50-year-old boilers and commercial water heaters were operating around 70% efficiency, requiring regular maintenance, and maximizing utility costs. DRF Trusted Property Solutions, Plainfield, Ill., partnered with Kane Property Management to find an energy-efficient solution.
DRF, in collaboration with Metropolitan Industries, Romeoville, Ill., designed a space heating system and domestic hot water system utilizing Laars modulating condensing boilers and indirect water heaters. The new energy efficient boilers will operate at 95% efficiency. The indirect water heaters, utilizing the new boilers as the heat source, eliminate standby loss and operate as high as 99% efficient. DRF helped CPVC obtain a rebate of more than $500,000 from Peoples Gas, the largest rebate awarded by a utility company in the Chicago area, to assist with the project cost.
Through mid-January, DRF has replaced boilers and water heaters in more than 30 of the 63 buildings at CPVC. To expedite installation, and eliminate occupant discomfort during this extremely cold winter, DRF completes a pre-build of each boiler and water heater combination at their shop in Plainfield, Ill. Each CPVC building undergoes a dismantling and carry out of old boilers and installation of new energy efficient boilers in just one day. The water heater replacement is also completed in one day.
The new space heating system and domestic hot water system at CPVC is projected to save 262,000 therms per year. The environmental impact is equivalent to saving annual greenhouse gas emissions from 290 passenger vehicles. Savings of $4 million in energy costs are estimated over the next 20 years. Immediately, the new system will improve resident comfort, increase energy efficiency, and reduce boiler maintenance.
To learn more about this energy efficiency project, or potential savings opportunities at your property, contact DRF today.