Our sponsor Dandelion Energy has announced an exclusive partnership with Con Edison to offer an additional $5000 credit on its geothermal heating system starting with customers in Westchester, New York. The move comes just as Con Ed plans to stop new installations of natural gas pipelines in the area.
Head below for a look at Dandelion’s geothermal heating system and details on the new Con Edison credit.
With the additional $5000 discount for Con Edison customers, a Dandelion geothermal heat pump installation could result in a total of tens of thousands of dollars in savings, depending on house size, insulation and other factors.
Con Ed’s $5K discount is in addition to tax credits
As of last month, Con Edison– who has 1.1 million residential and commercial gas customers– announced a moratorium on natural gas, meaning it will no longer install new natural gas connections in most of the area it services in Westchester, New York. As Dandelion explains in-depth in a blog post, the decision stems from delays with the expansion of natural gas pipelines due to environmental concerns:
Since about 2016, Kinder Morgan, the parent company of the TGP pipeline, has been trying to approve a billion dollar plan to expand the throughput of the Transco pipeline which serves the New York Metropolitan area… However, NESE has stalled due to environmental concerns from a number of environmental organizations as well as New York City’s comptroller and members of the City Council who are planning to introduce a resolution asking the Department of Environmental Conservation (DEC) to reject the project.
Following the announcement, Dandelion and Con Edison have inked an exclusive arrangement to offer customers in the area an additional $5000 discount on Dandelion’s home geothermal heating system. That’s on top of the normal local tax credits, making the total cost of the system extremely attractive to those that might be considering installations of the fossil fuel alternatives.
Dandelion Energy home geothermal system
While the extra $5K Con Edison credit is currently limited to Westchester homeowners, Dandelion is servicing customers throughout New York and even with the regular tax incentives is able to offer most customers savings when upgrading from a fuel oil, propane, or natural gas system.
The average New York homeowner saves on average $2250/year, but savings could be even higher depending on the specifics of your home’s needs and how you decide to finance it.
You can head over to Dandelion Energy to see if your home qualifies and inquire for when they expand to your area.
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