METUS Hosts Launch of New Colorado-Specific Energy Efficient Upgrade Savings Calculator
On April 12, Mitsubishi Electric Trane HVAC US (METUS) hosted Colorado Governor Jared Polis, Rewiring America CEO and Co-founder Ari Matusiak and other leaders at its Aurora training center to launch an online tool designed to help Colorado residents calculate savings on energy-efficient home upgrades.
“The government has been really generous with benefits aimed at homeowners who are committed to decarbonization,” said Michelle Robb, METUS senior director of growth excellence, who was also in attendance. “The issue is some homeowners are not aware of all the incentives and how to qualify for them. This savings calculator is a powerful tool that I hope other states replicate.”
The calculator approximates the savings on environmentally friendly upgrades by leveraging green energy incentives and tax credits created by the Inflation Reduction Act (IRA), along with incentives on the state and local levels.
The state of Colorado collaborated with Google, Rewiring America, the Beneficial Electrification League of Colorado, the Colorado Energy Office, and Colorado Communities for Climate Action to launch the savings calculator. Google.org provided $5 million in funding and a 12-person, full-time pro bono team.
The kick-off event was held at the LCU Eden Express Trane Aurora Warehouse, Mitsubishi Electric training center in Aurora, Colorado, where the company trains contractors to install and service a variety of METUS products.
Rewiring America estimates that American households can receive $10,600, on average, in federal incentives to fully electrify, which can save homeowners an average of $1,800 annually on energy bills. Mandates and incentives outlined by the IRA are projected to help reduce greenhouse gas emissions by 31% by 2030.
HVAC systems are one key area homeowners must consider when electrifying a home. The evolution of all-electric, all-climate heat pumps has inspired increased homeowner adoption. According to Rewiring America, if all single-family homes adopted heat pumps, annual emissions could be reduced by at least 160 million metric tons of CO2 by 2032, equivalent to removing approximately 36 million gas-powered cars from the road for a year.
In 2023, METUS surveyed U.S. homeowners and found that 54% ranked government incentives, such as a tax credit or rebate, as one of their top three reasons for considering a heat pump installation.
Formed in May 2018, METUS is the exclusive provider of Zoned Comfort Solutions® and leading supplier of Ductless and Ducted Mini-split and Variable Refrigerant Flow (VRF) heat pump and air-conditioning systems in the United States and Latin America.
