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    Oil Boiler Rebates (7 Posts)

  • Positive Solution Positive Solution @ 7:12 AM
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    Oil Boiler Rebates

    I was just a ConEd / Energy Affordability Association meeting in NYC. They are offering rebates on new gas boilers installed with an efficiency over 80%. The rebates max out at $2,500. Not bad.

    Does anyone know about any rebates for newly installed oil boilers?
  • Big Ed Big Ed @ 11:57 PM
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    Rebates

    I was hoping someone knew of rebates for oil ... I have not seen them for oil for some time now...
    I have enough experience to know , that I dont know it all
  • Steamhead Steamhead @ 6:35 PM
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    Large gas companies

    have plenty of money for rebates- and they know that once they lock you into gas, they'll get their money back as the gas price goes up. Which it will.

    Oil companies? Their customer base is eroding and that cuts down on rebate money.
    "Reducing our country's energy consumption, one system at a time"

    Steam, Vapor & Hot-Water Heating Specialists

    Oil & Gas Burner Service

    Baltimore, MD (USA) and consulting anywhere.
  • Robert O'Brien Robert O'Brien @ 7:59 PM
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    Bad news/good news

    Bad news first, no rebates! Good news?  A  proper system can save you 30-40% and at $4/gallon,you can look at that  as a pretty good rebate!
  • meplumber meplumber @ 7:49 PM
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    Buderus GB-124BE

    To the best of my knowledge, the Buderus GB-124BE, blue flame burner/boiler combination qualifies for the $1500 federal tax credit.

    It is the only oil boiler that I have seen that qualifies for the fed tax credit.
  • Robert O'Brien Robert O'Brien @ 8:14 PM
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    meplumber

     The tax credit was $1500 until 12/31/10 it's now $150
  • meplumber meplumber @ 8:25 PM
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    Thanks Robert.

    I didn't know it had ended.
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