Video presentation and tour of this website
Electric appliances for cooking our food, heating our homes and water, drying our clothes and transporting us have made remarkable advances. They offer superior efficiency, precision, comfort, and health benefits at the same or lower cost as gas appliances.
And because electricity generation grows cleaner every day, switching to electric is better for the climate too.
Our largest carbon emissions come from our gas cars (50%), home heating (25%) and water heating (10%). With clean electricity + electrification of buildings & vehicles, together we could eliminate 80% of US energy-related emissions!
Meet some of our Colorado neighbors who have already electrified!
Photo source: Joe Wachunas
Disclaimer: We are not tax professionals. Please contact the Internal Revenue Service or your tax adviser before you make any decisions regarding tax credits described in this website.
The Inflation Reduction Act (IRA) offers consumers, companies and contractors a once-in-a-generation opportunity to go electric at a substantial discount. Combined with other incentives and depending on your income level, installing green appliances could cost you next to nothing.
But navigating the incentives and understanding the technologies, new to many of us, are not easy. Plus a lack of qualified installers and on-the-shelf equipment could delay your project. Moreover, getting an energy analysis of your home and fixing leaks first will save you money on purchasing heating and cooling equipment.
So start planning now before an emergency like a busted water heater commits you to a choice you regret.
Understanding Incentives. There are two ways to save: rebates discount the price of products and tax credits lower your tax bill. If you plan to make the most of these, they will influence what you electrify and when.
Understanding your home’s electrical system. Adding more electric appliances may require upgrading your electric panel, or breaker box, to accommodate more current. Some appliances may also require upgrading wiring for 240 volt outlets. Anticipating these and preparing your residence for all possible upgrades at once will save money in electrician visits (see how these upgrades are planned early in this electrification schedule for example) . However, there may be ways to avoid these upgrades, which can run into the thousands.
1. To see what is possible, take a look at these five case studies from Rewiring America that illustrate how people at different income levels and house/apartment sizes might map out electrification projects.
2. Take yourself on a tour of your residence.
3. What are your top reasons to electrify? Here are some examples. On your timeline, highlight the changes that mean the most to you.
4. What financial incentives are you eligible for? Do you qualify for low- to moderate- income IRA rebates that come out in late 2023/2024? These can really cut the costs of appliances like heat pumps and electric upgrades, so you might have to wait for those on your timeline if you qualify. Remember you are limited to $14,000 in electrification rebates. Explore our webpages for other New Mexico incentives.
5. Timeline in hand, you are ready to put your plan together with Rewiring America’s planning guide.
Rewiring America:
LoveElectric: Ready to Make a Change? Colorado-based website filled with info and real world examples of heat pumps, heat pump water heaters and cooking.
Electrify Now Oregon-based website includes information, webinars, real case studies on heat pumps, induction stoves, all electric homes, renewable electricity, and EVs. Estimates how much CO2 is avoided by taking action.
Carbon Switch Comprehensive Guides on water heaters, lighting, heating and cooling, insulation and stoves.
Northeast Energy Efficiency Partnership Air Source Heat Pump Installer and Consumer Resources – Buying guide, installation guide and information about heat pumps in cold climates.
Internal Revenue Service Credits and Deductions Under the Inflation Reduction Act includes information for individuals and businesses on everything from EVs to Solar and Wind Facilities.
Coming soon! Want to share your story? Email us at stefiwebsite@yahoo.com