Welch announces bill to spur the use of energy efficient heat pumps

The Home Heating and Cooling Efficiency Act expands efficiency tax credit 

Today, at the home of Rutland resident Bruce Bentley, Rep. Peter Welch unveiled legislation that will make it more affordable for Vermonters to install money saving and energy efficient heat pumps in their homes. Rep. Welch and Mr. Bentley were joined by representatives from Green Mountain Power, Efficiency Vermont and Excel Plumbing and Heating.

“Heating homes in Vermont is a significant financial challenge for many Vermonters. That financial burden can be reduced by making our homes as energy efficient as possible including the installation of energy efficient heat pumps which can put a big dent in monthly heating bills.  My legislation will make heat pumps more affordable, cut energy bills, create American manufacturing jobs, and improve the environment.”   

Installing a heat pump can lower a Vermont home owner’s heating costs by as much as $800 per year. According to Mr. Bentley, he now uses 900 less gallons of fuel oil per year as a result of installing a heat pump.  

Welch’s legislation, the Home Heating and Cooling Efficiency Act (H.R. 3772), would expand the current tax credit for heat pumps from $300 to $500, or up to 10 percent of the cost of the product. Interest in heat pumps has surged in states like Vermont as recent technical advancements enable the pumps to function in colder climates throughout the winter.

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