Sealed announced the implementation of a residential energy efficiency insurance policy from the Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich RE.
HERO financing allows homeowners to pay for projects like new heating and air conditioning systems, drought-tolerant landscaping, and efficient windows and doors over time at a fixed interest rate. They do so through an additional line item on their property taxes. As a result, HERO financing payments may have tax benefits, and many homeowners see immediate savings on their utility bills by investing in efficiency upgrades.
Renovate America, a provider of residential Property Assessed Clean Energy (PACE) financing, announced that its HERO® Program has now made possible the installation of energy-efficient home central air conditioning units worth more than $415 million. More than half of the sales volume involves equipment that exceeds the minimum energy-efficiency standards of the federal Energy Star® program.
Dealnet Capital Corp. announced that it has entered into multiple vendor finance agreements with distributors and manufacturers of home improvement products in Canada, including an HVAC equipment supplier.
While many HVAC business owners recognize the money obstacle in the sales process, they often don’t fully understand how a consumer credit program can help them increase sales.
Synchrony Financial, a consumer financial services company, announced a multi-year extension with Rheem to continue providing a financing program for the purchase of HVAC and water heating products and services.
Contractors in Pennsylvania that install energy efficiency home improvements are encouraged to attend a free seminar that will feature important information about KeystoneHELP, the state’s official Energy Star HVAC and home improvement financing plan.
Noesis, a lending marketplace for financing energy-saving commercial building improvements, has announced a free, mobile financing service for commercial HVAC contractors who want to grow their business by offering attractive payment plans to help close more sales.