Published: September 09, 2008
High Cost for Filling Home Oiltank This Winter Drives Homeowners to the Energy Efficient Acadia System
BANGOR, Maine, Sept. 9 /PRNewswire/ -- With the Farmer's Almanac
predicting another frigid winter in many regions of the US and acrossCanada,
and the price of home heating oil flirting with record highs, scores of
homeowners are making the decision to install a new, high efficiency home
heating system from Hallowell International -- the Acadia.
An average home in the Northeast uses between 700 and 900 gallons of oil
each winter. Last year, oil was priced at an average of $2.49 a gallon; this
year, consumers can expect to pay upwards of $4.80 a gallon. Switching from
an oil furnace to the Acadia is equivalent to paying about $1.75 per gallon!
Recently, aMassachusetts couple living on a fixed income replaced their
oil furnace with an Acadia after realizing their heating costs were up 500
percent over recent years. This winter they'll be reaping the benefit of
paying the equivalent of $1.98 per gallon of heating oil to heat their home.
These consumers are among the early adopters who've learned about the new
Acadia this year, driving the demand for this energy efficient system.
On average, switching to the Acadia can reduce consumer heating and
cooling costs up to 70%. For example, the average 3,000 sq. foot home can
achieve the following energy bill savings by switching to the Acadia:
-- InPortland, Oregon a homeowner would pay $725 a year to heat his home
with natural gas. That same home would cost $357 to heat and cool with the
Acadia, the equivalent of just 47 cents per gallon.
-- InSpringfield, Missouri a homeowner using propane is paying $1,749
switching to the Acadia that yearly bill drops to $521, or 76 cents per
gallon.
Financing the Acadia is Easy
Many lending institutions are making it easier for consumers to switch to
the Acadia.Massachusetts banks are the latest to offer zero percent interest
loans to residents who install the Acadia. The Acadia is an Energy Star rated
HVAC system endorsed by electric utilities and cooperatives, which also
provide rebates to consumers to help offset costs. This patented,
award-winning system delivers a new level of efficiency and performance.
Consumers can calculate their custom savings from the Acadia by visiting
http://www.gotohallowell.com/calculator/default.aspx.
"Consumers need relief and they need it now. The Acadia will save
consumers money and reduce user's carbon footprint, that is a true blessing
for those struggling with record high heating bills," said Duane A. Hallowell,
President and CEO of Hallowell International. "We will continue to look for
ways to make our energy efficient products affordable and available to
everyone."
To learn more about Acadia, please visit www.gotohallowell.com.
Journalists seeking information should contact Rachel Greenstein, Warner
Communications, at 617-569-6269 or rachel@warnerpr.com.
About Hallowell International
Founded in 2005, the vision of Hallowell International could not be
clearer: Think past the boundaries of conventional home heating and cooling
solutions to create alternative approaches to residential climate management.
The company is committed to creating innovative concepts and products that are
highly energy efficient, eco-friendly, easy to install and easy to maintain.
Hallowell's products are for both residential and commercial use and are
distributed throughoutthe United States andCanada. Hallowell International
is headquartered inBangor, Maine. To learn more about energy efficient
products provided by Hallowell International visit, www.gotohallowell.com.
SOURCE Hallowell International
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