Greensburg Daily News, Greensburg, IN

Business

October 18, 2013

Vectren urges customers to check furnaces before heating season , offers rebates toward purchase of new units

INDIANAPOLIS – As colder weather draws near, Vectren Energy Delivery (Vectren) reminds customers that it is important to evaluate the condition of their furnaces before turning them on for the winter.

The U.S. Department of Energy estimates one in four furnaces has been in operation for 20 years or more and may not be performing at peak efficiency. Other than simply looking at the age of the furnace, it is important to have a trained professional evaluate its performance to ensure its operating safely and efficiently.

“It’s easy to forget to regularly check your furnace - given most units are housed in basements or garages,” said Mike Roeder, Vectren’s president of Vectren Energy Delivery of Indiana-North. “It is important that a qualified heating contractor performs a regular maintenance check in order to ensure it is working properly. In fact, an annual tune-up can extend the life of your unit and save 3 to 10 percent on heating costs. “

During regular furnace maintenance checks, the technician can calculate the Annual Fuel Utilization Efficiency (AFUE). This will indicate how much of the energy used by the furnace is actually generating heat to be circulated throughout the home or business and how much heat is escaping through chimneys, windows, doorways, etc. If the levels are dipping below the 80 percent range, repairs or replacement might be in order. The higher the AFUE, the lower the energy bills will be each month.

If it is determined that a new furnace is necessary, Vectren offers a $250 rebate toward the purchase of a 95 percent AFUE or higher natural gas furnace and a $150 rebate toward the purchase of a 92 percent AFUE or higher natural gas furnace. A list of qualifying appliances and rebate forms are available through Vectren’s Conservation Connection on www.vectren.com.

“Vectren’s Conservation Connection programs offer customers a variety of information on energy efficiency tips, appliance rebates and home energy audits,” added Roeder. “You can even sign up to receive e-mails or text messages reminding you to replace your furnace filters.”

Additional rebates are available, including those for insulation and duct sealing, boilers and programmable thermostats. Visit www.vectren.com or call 1-866-240-8476 for complete details on all rebates and energy efficiency tips for the winter heating season.

– Daily News

1
Text Only
Business
  • Stocks little changed after Fed minutes NEW YORK (AP) — U.S. stocks were mixed in afternoon trading after minutes from the Federal Reserve’s latest policy meeting showed there was a growing chorus of central bank officials willing to raise interest rates sooner rather than later. The react

    August 21, 2014

  • Stocks rise; home construction rebounds NEW YORK — Encouraging economic news helped push the stock market higher on Tuesday. Home construction rebounded in July, while inflation remained muted.Aeropostale, a teen-clothing company, surged after reinstating its former CEO. Home Depot climbed

    August 20, 2014

  • Inside Indiana Business Mattress maker creates 300 jobsKentucky-based Tempur Sealy International Inc. (NYSE: TPX) has announced plans to locate a new manufacturing and distribution facility in Plainfield. The move will create 300 jobs by 2015.Officials break ground on $36M

    August 16, 2014

  • Nordstrom, Gilead: big market movers NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:NYSENordstrom Inc., down $3.58 to $65.11The luxury department store operator reported quarterly sales at established s

    August 16, 2014

  • Stocks, Berkshire Hathaway higher NEW YORK (AP) -- Stocks are modestly higher on Wall Street. The Dow has been up 40 to 50 points this afternoon, while the S&P 500 and the Nasdaq are also in positive territory. Some analysts have been fretting that stocks look expensive with the S&P

    August 15, 2014

  • Indexes higher, Amazon gains NEW YORK — A modest gain for the stock market Wednesday tugged the Dow Jones industrial average back into the black for the year as investors set aside concerns about Ukraine and Iraq. Amazon led the gains in light trading, despite a mixed batch of e

    August 14, 2014

  • Inside INdiana Business Hoosier farmers could topple recordsThe U.S. Department of Agriculture is projecting a blue ribbon year for Indiana crop production. The department’s National Agricultural Statistics Service says Hoosier farmers are on pace for record corn production

    August 13, 2014

  • Stocks fall on geopolitical risks NEW YORK — The U.S. stock market eased in afternoon trading Tuesday following two days of gains. Investors focused on problems in Ukraine and Iraq and the damage those problems are starting to have on the broader, global economy. Energy stocks were a

    August 13, 2014

  • Global turmoil weighing on stocks, but US prices up NEW YORK (AP) -- Fear is creeping into stock and bonds markets around the world against a backdrop of escalating global turmoil.Prices in Europe and Asia slumped Friday on news of U.S. fighter jets dropping bombs in Iraq, the end of a three-day cease

    August 9, 2014

  • Stocks move lower on weight of earnings NEW YORK (AP) -- U.S. stocks moved lower in afternoon trading as investors assessed the latest company earnings and the outlook for the economy. Investors are still troubled by the potential for escalating tensions between Russia and the West over Uk

    August 8, 2014