What are Oncor Incentives?
As the sixth-largest utility company in the United States, Oncor has been able to leverage its large subscriber base through the use of small surcharges to create a pool of money that distribute as incentives for residential users to improve energy efficiency in their homes. One large component of that program is for heating and cooling upgrades. Half of your home’s electricity use can be for heating and cooling, so upgrades can save you money and significantly ease the load on the electrical grid. It’s a win for you and for Oncor.
What Kind of Incentives Are Available to Me?
If you install an air conditioning unit that meets high-efficiency standards, incentives ranging from $300 to $3000 are available. How do you know what incentives are available for you? It’s based upon several factors, including the equipment selected and your location. The incentive you’re eligible for will be applied to the work done by third-contractors, such as Enoch. We’ve made it simple for you to find out what incentives are available. Just visit the Oncor Hvac Incentives page to find out what incentives you qualify for!
Are Oncor Incentives Worth it to Me? Let’s do the Math
Every situation is different, but there’s huge potential to save big by replacing your old A/C system. Depending upon the age, type, and size of your current system, savings of up to $125 per month on electricity are possible. And with the incentive, plus dealer and manufacturer incentive savings and low-interest financing, you could potentially get a new system for payments as low as $75 per month. That’s extra money in your pocket every month.
Our team at Enoch will work with you to pursue every possible incentive, rebate, or discount. It’s not enough for us to just take pride in our workmanship — we want to be sure that we make it possible for you to enjoy the best possible values available for you when you’re shopping for a new system.
You can get a brand new high-efficiency HVAC unit for as low as $3500 or $75 a month!
Oncor Frequently Asked Questions
We’ve touched on all the basics. Now let’s review and take a look at the most frequently asked questions about the Oncor incentive program and how it can benefit you.
How do I know if I qualify? As we’ve noted, financial incentives vary depending upon your location, equipment selected, and more. We’ll make it easy for you to find out what you may qualify for. Just visit the Oncor Page.
How long does it take to find out if I qualify? We’ll work quickly to find out if you qualify. Once you’ve contacted us and answered a few questions we’ll be able to let you know in 24-48 hours.
How much of an incentive can I expect? Incentives range from $300 to $3000, but the amount of the incentive is only the beginning of the story. Your incentive can be combined with manufacturer and dealer deals and incentives to make a new, high-efficiency system price out as low as $3500. With financing arranged by Enoch, you could end up paying as little as $75 per month for your new system.
Can I finance the remainder if I’m installing a new system? We partner with Wells Fargo to offer attractive financing options. Don’t assume that a new system is out of your reach. With the combination of incentives available, you may find it much less expensive than you thought to install a new air conditioning system in your home.
What Other Programs do Oncor Incentives Cover?
While we’ve concentrated on Oncor incentives for new air conditioning system installations, Oncor incentives also are offered for other services and products that improve energy efficiency throughout their service area.
Home heating. If you’re looking to do more than upgrade your air conditioning, you may want to consider a complete upgrade of your HVAC system to include heating as well.
Home insulation. Oncor incentive programs are available to improve the weatherization of homes. Properly insulated homes will stay cooler in the summer and warmer in the winter.
Solar photovoltaic residential incentives. Homeowners who want to install and employ solar panels for domestic electrical generation can receive incentives to deploy panels and related components.
High-efficiency lighting. The Oncor incentive program makes discounts available for retail purchases of selected LED lighting products. Upgrading your lighting to LED bulbs can make a substantial difference in your household energy costs.
$50 OFF Smart Thermostats. Customers of Oncor can save $50 on a Nest or Ecobee thermostats through this limited time offer. Snag your coupon here.
Is Now the Right Time for You to Upgrade Your A/C System?
The combination of incentives, discounts, and attractive financing means that now is a great time to make your home more comfortable and save money by upgrading your A/C system. Our expertise in HVAC installation at Enoch means we have the experience and knowledge to offer you a variety of high-efficiency options from highly-rated manufacturers that meet the requirements of the Oncor incentive program. If you’re ready to save money, contact our team and we’ll guide you through the entire process of determining your Oncor incentives and selecting a new system. Quotes are free, so get in touch with us right away.
THIS POST WAS WRITTEN BY: TEAM ENOCH
(817) 888-8880 | mail[at]teamenoch.com
Team Enoch provides electrical, plumbing, roofing and HVAC services to residential and commercial customers in the Dallas / Fort Worth Metro with an emphasis on value (service price, quality).
Time for a new AC?
Apply today to receive up to $3000 in Oncor Incentives
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