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W W W. M A I N E B I Z . B I Z 19 F E B R UA R Y 1 9 , 2 0 2 4 F O C U S E N E R G Y / E N V I RO N M E N T incentive programs that the governor and legislature have funded through Efficiency Maine's programs, and together we are changing how Mainers heat and cool their buildings." Enhanced incentives Heat pumps transfer heat extracted from the outdoor air or from the constant temperature of the ground below the frost line. ey also work for cooling, ven- tilation and dehumidification. ey come in various configurations. Air-source heat pumps include an outdoor condenser and indoor heads, with simple through-wall connections or ductwork. ere are split versus package systems, multi-zone versus single-zone, rooftop units, vari- able refrigerant flow systems that condition large spaces with fewer outdoor units and geothermal water source systems. According to the U.S. Department of Energy, air-source heat pumps have been used for many years in nearly all parts of the U.S., except in areas with extended periods of subfreezing temperatures. In recent years, the technology advanced and now works in colder regions. Enhanced financial incentives are attracting more takers. For Maine homeowners, rebates range from $4,000 to $8,000 depending on income. ere's a 30% federal tax credit up to $2,600. For example, a moderate-income homeowner can receive a $6,000 rebate and a $2,000 tax credit. If she pays $13,800 for three units, her final tab would be $5,800. e annual savings compared with oil heat could be $905 with a 6.4-year payback period. On the commercial side, Efficiency Maine offers an array of initiatives and financial incentives based on type of system and type of project, along with certain sectors. e market trajectory over the past six years has been significant, from 8,818 units installed in 2018 to 32,335 in 2023. Most are retrofits. A survey shows that 37% of newly built homes in Maine have at least one heat pump; 20% of those exclusively use heat pumps. "If they weren't working, word wouldn't be getting out," Stoddard says. Leading the nation Efficiency Maine recently redesigned its incentive program to optimize rebates and tax credits in order to encourage consumers to shift entirely to heat pumps. From a couple of million dollars 10 years ago, the rebate program has $26 million available this year. "is is very high priority," Stoddard says. We're proud to offer a wide selection of metal roofing and siding products. Give your home or business the color and style you're looking for with the durability and quality that only metal roofing and siding can provide. NOW OFFERING Screw Down Metal Roofing for just $3.39 per linear foot WAREBUTLER.COM FREE DELIVERY ACROSS THE STATE metals@warebutler.com STANDARD COLORS ONLY Free strapping available for pick-up at our Stillwater and Palmyra locations Visit one of our stores, or email us using the contact form on our website, for more information on these products. Advertised price for limited time C O N T I N U E D O N F O L L OW I N G PA G E » P ROV I D E D P H O T O / E F F I C I E N C Y M A I N E We are leading the nation in installing heat pumps. — Michael Stoddard Efficiency Maine

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