FINANCING & INCENTIVES
FINANCING OPTIONS:
Synchrony Finance is a consumer finance lender and offers interest rate buy downs, same as cash options. This option gives you a credit line that can be used over and over again as needed.
SYNCHRONY FINANCIAL
Also, with the advances in technology in today’s high efficiency HVAC equipment, some repairs might be high costs compared to older simpler machines. If you find yourself in need of an expensive repair on your existing system, you have the ability to use financing to soften the blow. There are low minimum amounts required for Synchrony financing, and it can be used for repairs as well as full system replacements.
Synchrony is out only lender that offers 0% interest financing on both repairs and replacements! Call today to see if you qualify!
SALAL CREDIT UNION
“Salal Credit Union’s clean energy initiatives started with a keen focus on solar lending for homeowners, and have made significant strides over the past several years. As the affordability and accessibility of solar energy grew, we saw an opportunity to empower homeowners by providing funding to install solar panels on their homes. We recognized that solar energy wasn’t just an environmental choice, but also a financial one, and our assistance allows homeowners to transition away from fossil fuels and grid-based energy sources to a more affordable, sustainable alternative.
In addition to residential solar projects, Salal partners with dealers and installers across the country to provide financing options for homeowners looking to go solar. These loans are designed to help homeowners match their current energy costs with the expense of installing solar panels. Our approach is rooted in practicality, aiming to make the transition to clean energy both accessible and cost-effective for our members.”
INCENTIVES:
INSTANT REBATES:
SACRAMENTO MUNICIPAL UTILITIES DISTRICT
Sierra Valley Mechanical is a TOP 10 SMUD NETWORK CONTRACTOR!
Here are some incentives currently offered:
Please contact us to chat about your home’s incentive options!
TECH CLEAN CALIFORNIA
“THE SWITCH IS ON”
“The Switch Is On is a consumer inspiration campaign with a mission to equitably electrify communities across the United States. We provide information, resources, and tools to support homeowners and renters to electrify their homes and begin a cleaner, healthier way of powering their lives. We also offer tools for contractors to connect with customers who are looking to electrify their homes.”
Click the link below to see incentive options in your area! Then contact Sierra Valley Mechanical to make sure you receive all rebates and incentives possible for your project!
Tax credits
Federal tax credits are also available for qualifying heat pump HVAC systems installed starting January 1, 2023. Please note: Not all HVAC systems that qualify for the SMUD rebate are eligible for the tax credit.
Tax Credit: Claim up to 30% of project cost up to a maximum of $2,000.
Expires: December 31, 2032
System requirements:
System SEER2 EER2 HSPF2 Ducted Split >=15.2 >=11.7 >=7.8 Non-Ducted >=16.0 >=12.0 >=9.0 Package >=15.2 >=10.6 >=7.2
Note: Heat pump HVAC must be installed in your existing home and principal residence. New construction and rentals are not eligible. Tax credits are administered by the IRS and can be claimed when you file your Federal taxes.