![]() Contact your state energy office to find out whether subsidized energy efficiency loans are available in your area. There is considerable variance in the total amount and the interest rate at which you can borrow, so be sure to thoroughly research your options before settling on a certain program. Loan programs may also require you to schedule or perform a home energy audit. The most essential of requirement is often a healthy credit score. The criteria to qualify for an energy-related loan also vary according to the program. Loan programs for residential energy efficiency can be limited to specific products, or they may mandate a minimum percentage for overall energy savings. To acquire an energy efficiency loan, you must submit an application to the loan program you have in mind. To combat this problem, various agencies ranging from utilities, energy service companies, and local and state governments offer loans specifically for energy efficient installations. Homeowners interested in investing in energy efficiency are usually discouraged by the high upfront costs of equipment and installation. The DSIRE database will also have information on state- and utility-level incentives. Enter “rebate” as the keyword and search by state, eligibility, and product category. You can find available rebates using the DOE database of energy efficiency tax credits, rebates and savings. The total rebate amount also depends on the product, going as low as $10 for CFL lightbulbs or up to around $1,000 for larger equipment. Some rebates are available immediately after purchases, whereas others are available only after installation has been completed. The timing of when you will receive your rebate differs according to the product, as well as the program structure in your area. With rebates, you receive the returned portion of the purchase price after you pay the full amount, as opposed to a discount that reduces the price prior to the purchase. Local utilities often provide rebates for ENERGY STAR certified or energy efficient purchases, which cover a wide range of appliances, building products, electronics, heating and cooling equipment, lighting, fans, pool pumps, and water heaters. ![]() Other useful filters that are not available on the DOE database include dates, categories, program type, and coverage area. With DSIRE, you can further narrow your search with an extensive list of filters that allow you to differentiate between various renewable and energy efficiency technologies. You should also use the Database of State Incentives for Renewables & Efficiency (DSIRE), which provides detailed information on state incentives and policies for renewable energy and energy efficiency improvements. Before you make an energy efficient purchase, visit the Department of Energy (DOE) website to search their database of energy efficiency tax credits, rebates and savings available at the local and state level. While specifics vary from program to program, savings categories frequently include financial incentives for HVAC systems, water heaters, building insulation, appliances, weatherization, lighting, and other energy efficient improvements. Depending on your state or municipality, programs can take the form of rebates, tax incentives, or loans for qualified purchases. Utilities, local governments, and state agencies offer energy incentive programs that help make energy efficiency a more affordable option. Energy efficiency incentive programs for property owners
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