Summit Natural Gas Residential Customer Rebates

Upgrade to Summit Natural Gas of Maine, an efficient heating system, and a weatherized home and you could qualify for up to $3,560 in rebates and $25,000 in financing. Think of it as home comfort paid for by energy savings.

Benefits of Natural Gas

Natural gas is the nation’s primary source of heat for many reasons:

Some modern gas boilers are small enough to be wall-mounted.
  1. Low rates – Natural gas is currently one of the lowest-cost sources of heat.
  2. More efficient – Natural gas boilers and furnaces can be more efficient than oil systems because they can adjust their heat output to match demand (“modulating”) rather than having to cycle on/off and they can extract more heat from their exhaust (“condensing”).
  3. Convenient – Because natural gas is piped directly into homes, there’s no need to schedule deliveries or store fuel on-site.
  4. Better for the environment – Compared to oil or coal, natural gas has lower greenhouse gas emissions.

Source: Compare Heating Options Tool using $1.72 per therm.

Benefits of Weatherization

  1. Reduce heating bills.
  2. Reduce/eliminate cooling bills.
  3. Increase comfort in both summer and winter.
  4. Eliminate ice dams on roofs.
  5. Avoid frozen pipes.

Rebates

Summit Rebate % Summit Rebate Cap Efficiency Maine Rebate* Combined incentive
1 An Efficiency Maine-approved Energy Audit with 12 hours of air sealing 100% $560 $400 $960
2 An Efficiency Maine-approved Energy Audit with 6 hours of air sealing 100% $560 $560
3 An Efficiency Maine-approved Energy Audit 100% $375 $375
4 Efficiency Maine qualifying natural gas fueled hot-water boiler 75% $1,500 $500 $2,000
5 Non-Efficiency Maine qualifying natural gas fueled hot water boiler with an AFUE ≥90% 75% $750 $750
6 Efficiency Maine qualifying natural gas fueled furnace 75% $1,125 $500 $1,625
7 ENERGY STAR qualifying natural gas fueled on-demand water heater 75% $560 $560
8 ENERGY STAR qualified natural gas fueled storage water heater 75% $300 $300
9 Natural gas fueled conversion burner or other fixed space heating equipment, including boilers not otherwise included in 4 and 5 above 50% $375 $375
10 Natural gas fueled cooking stove and/or oven 50% $375 $375
11 Natural gas fueled clothes dryer 50% $375 $375
12 Insulation $500 $500
13 Next Step Bonus (Rebate for installation measures beyond air sealing and energy assessment $100 $100
* For Efficiency Maine rebates, systems must also meet these criteria: – Must also be ENERGY STAR rated;
– Must be either (a) condensing or (b) installed with controls that include pre- and post-purge, outdoor reset, and cold start;
– Must not include tankless coils;
– Must be modulating or demonstrate improved building fitness
Efficiency Maine loans up to $25,000 at 4.99% APR are available for qualifying projects with qualified borrowers.

Financial Example

Efficient natural gas heat in a weatherized house

Investments
New high efficiency gas boiler $8,000
Energy audit with 12 hours air sealing $960
Attic or basement insulation +$3,000
Total cost $11,960
Rebates
Summit audit/air sealing rebate $560
Efficiency Maine audit/air sealing rebate $400
Efficiency Maine insulation rebate $500
Summit 95% efficient boiler rebate $1,500
Efficiency Maine boiler rebate $500
Efficiency Maine “next step bonus” +$100
Total incentives $3,560
Net investment $8,400
Monthly payments 4.99% APR, 10-year loan $89
Savings
Annual oil bill before conversion/weatherization $3,000
Efficiency savings x 30%
Annual efficiency savings $900/year
Post-efficiency annual cost $2,100
Fuel swap savings x 30%
Annual fuel swap savings $630/year
Annual cost after efficiency and fuel swap $1,470/year
Gross annual savings $1,530/year
Gross monthly savings $128/month
Net annual savings $462

Rebate Process

  1. Contact Summit – Call 621-8000 or visit SummitNaturalGasMaine.com to schedule your free consultation and sign up for service.
  2. Energy Audit – Use Efficiency Maine’s Registered Vendor Locator to find a Participating Energy Advisor to perform an energy audit and 12 hours of draft sealing. $960 of rebates typically covers 100% of the cost.
  3. Weatherize – Use Efficiency Maine’s Registered Vendor Locator to find an insulation company. Get quotes, apply for financing (optional), hire an insulator, and pay for it with the loan and up to $600 of Efficiency Maine rebates. A well-insulated home significantly reduces your heating costs.
  4. Install Heating System – When Summit is ready to start delivering gas, use Efficiency Maine’s Vendor Locator to find a heating system installer, get quotes, apply for financing (optional), hire an installer, and pay for it with the loan and up to $2,000 of Efficiency Maine and Summit rebates.