Geothermal and heat pump equipment maker WaterFurnace International Inc. has updated and expanded its “Perfect Choice Savings Event” promotion through March 31.

Homeowners will be able to purchase WaterFurnace’s 7 series 700A11 variable-capacity geothermal heat pump or the 5 series 500A11 and receive rebates from $1,000 to $2,500.

“The Perfect Choice Savings Event has helped homeowners around the country upgrade to a WaterFurnace geothermal heating and air conditioning system,” said Tim Litton, WaterFurnace director of marketing communications. “Thanks to the program’s tremendous response, we’re extending this special offer into 2013. Dramatic savings on utility bills, combined with a 30 percent federal tax credit and a growing number of local incentives, make the Perfect Choice Savings Event very attractive.”

Details are available at www.waterfurnace.com/perfectchoice.