Energy Co-op of Vermont launches heat pump leasing program

Observer staff report
The Energy Co-op of Vermont recently announced the launch of Co-op Heat Pumps, a new heat pump leasing program. The Co-op Heat Pump program offers homeowners a super-efficient Fujitsu heat pump for less than $40 a month on a 10-year lease, with an upfront payment of less than $300.
“Our core mission at the Energy Co-op is to help Vermonters make their homes comfortable, healthy and energy-efficient.” said John Quinney, General Manager. “The Co-op Heat Pump lease program does just that by providing immediate cost savings while reducing fossil fuel use by up to 80 percent. It’s a win-win.”
According to Efficiency Vermont, Vermonters who install a heat pump can save between $800 and $1,200 a year.
The Co-op provides a turn-key application and installation service, beginning with a sign-up form on the Co-op Heat Pumps website, Completing the sign-up form triggers a short survey that makes it easy for potential customers to determine if their home is suitable for a heat pump. Homes with open floor plans that are heated with oil or propane are best suited for the Co-op Heat Pumps program.