The sponsors of Mass Save and National Grid have programs available just for businesses to drastically reduce investments in cooling & heating HVAC system upgrades that increase comfort, while reducing fossil fuel usage. Offering flexible, 100% financing options through NEIF, and the assurance of rebate commitments from Mass Save, the Denommee Plumbing, Heating & Cooling team of high-effiiciency Mass Save Heat Pump Installer Network experts make going green easy, and affordable for businesses of all size and type.
From small cafés, pizza shops, office spaces, churches, synagogues, to larger mixed-use or industrial space, these special incentive rebates are based on equipment capacity (tonnage) to customers who have approved program contractors install heat pump HVAC systems to supplement or replace pre-existing heating system. Customers do not need to remove, or disable pre-existing systems. This program is designed to incentive and simplify the adoption of efficient electric heat pump systems in cooling and heating applications in facilities of all sizes.
Denommee Plumbing, Heating & Cooling Inc. Commercial Services division is busy securing tens of thousands of dollars in rebate commitment letters for our customers for upgrading to ductless heat pumps, variable refrigerant flow (VRF), as well as replacing traditional gas rooftop units (RTUs), with dual-fuel heat pump RTUs. These commitment letters ensure customers the rebate the scope of work will qualify to receive upon completion. As an approved Mass Save Heat Pump Installer Network Contractor, Denommee Plumbing & Heating are proud to be helping businesses of all size, from small pizza shops, professional offices and churches, to large lab facilities and universities use energy more efficiently and reduce greenhouse gas emissions and look forward to sharing more about these efforts.
2023 Heat Pump Prescriptive Incentives for Commercial/Non-Profit/Municipals
System Type/Prescriptive Rebate
Air Source Heat Pump (ASHP) including Ductless Mini Splits and Dual Fuel Rooftop Units = $2,500 per ton
Variable Refrigerant Flow (VRF) including Multi Split and Rooftop Units = $3,500 per ton
Ground Source Geothermal = $4,500 per ton
Rebate Commitment Letters
As an assurance to business customers making the investment in qualifying energy-efficient upgrades, the sponsors of Mass Save and National Grid—through approved program contractors—are issuing letters of commitment that spell out the rebate the scope of work will qualify for upon completion.
Low Monthly Payment Financing For Businesses, Non-Profits and Municipals
In addition to offering rebate commitments and superior installation services to our commercial customers, the pros at Denommee are now a NEIF Approved Contractor allowing us to offer simple, transparent, and trusted low-monthly payment commercial financing options for commercial, non-profit and municipal business energy improvements that support efficient, strong buildings through the National Energy Improvement Fund (NEIF), the nation’s only Certified B Corp energy lender. All work must be installed by a NEIF-Approved Contractor.
100% Financing available. No money down. Cash Flow positive financing options to help customers stay liquid for core businesses functions through fixed monthly payments.
NEIF Commercial Financing Basic Terms
Borrowers: Commercial, Non-Profit, Municipal
Project Costs: $2,000 and Up (Depends on type of Borrower)
Typical Terms: 1-7 Years
Location: Available in All 50 States
Typical Rates: 6.5-11% Commercial Borrowers, 6-10% Non-Profit Borrowers, 4-6% Municipal Borrowers
Mechanism: Equipment Secured Financing
Timing: Instant Online Portal Creation, Approval in 1-2 Business Days (typical), Final Funding within 2 Business Days of Project Completion (typical).
Eligible upgrades include: Energy Efficiency & Related Equipment (Lighting & Controls, HVAC and Refrigeration, Other), Indoor Air Quality, Plumbing & Water Efficiency Equipment and even Non-Efficiency Equipment (case-by-case).
Three Simple Steps to Access NEIF Financing:
- Ask the Denommee team, your NEIF Approved Contractor for a Work Proposal
- Apply for Financing via our dedicated NEIF portal:
https://www.neifund.org/denommee-plumbing-heating-and-cooling-inc/ - Receive Notification of Approval, Sign Closing Documents, and Begin Installation
Request your no-cost consultation and quote for commercial heat pump hvac systems by clicking here or visiting www.denommeeplumbing.com.