Rebates and Incentives are offered in Oklahoma to buy a new furnace
In Oklahoma, several energy efficiency rebates and incentives are available for upgrading to a new furnace, which could help reduce initial costs.
1. Oklahoma Natural Gas offers rebates for energy-efficient gas furnaces, typically around $500 for models that meet specific efficiency standards. You may need to check eligibility and submit a rebate application after installation.
2. Public Service Company of Oklahoma (PSO) provides rebates when upgrading to energy-efficient heating systems, including furnaces. The rebate amounts vary based on the system’s efficiency rating and can go as high as $800 for specific ENERGY STAR models or higher-efficiency systems. These rebates are part of their Power Forward initiative, which aims to help residents lower energy bills and environmental impact.
3. Federal Incentives for Oklahoma residents. Besides state and local programs, residents can also benefit from the federal tax credit program for residential energy efficiency improvements. High-efficiency furnaces qualify for tax credits, which can further reduce the overall cost of upgrading.
Check with your utility provider for current eligibility requirements and application processes, as these can change based on available funding and seasonal programs. Call Citywide today to install a new furnace in your home.