Keystone HELP Energy Efficiency Loan & Rebate Program (Pennsylvania)

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Summary

Last modified on September 25, 2013.

Financial Incentive Program

Place Pennsylvania

Name Keystone HELP Energy Efficiency Loan and Rebate Program
Incentive Type State Rebate Program
Applicable Sector Residential, Low-Income Residential
Eligible Technologies Equipment Insulation, Furnaces, Boilers, Heat pumps, Central Air conditioners, Programmable Thermostats, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Biomass, Geothermal Heat Pumps
Active Incentive No

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount Varies






Equipment Requirements Energy Star designation (or higher) generally required





Installation Requirements Qualifying contractors only


Maximum Incentive 500




Program Budget $17 million





Program Administrator The Energy Institute
Website http://www.keystonehelp.com
Date added to DSIRE 2009-03-06
Last DSIRE Review 2009-08-07



References DSIRE[1]


Summary

The Keystone HELP Energy Efficiency Loan and Rebate Program is designed to help homeowners improve energy efficiency with special financing and rebates for high-efficiency heating, air conditioning, insulation, windows, doors, geothermal and “whole house” improvements. Principally supported by the Pennsylvania Department of Environmental Protection, the Pennsylvania Treasury Department and the Pennsylvania Housing Finance Agency, the Keystone HELP program is administered by AFC First Financial Corporation, a Pennsylvania energy efficiency lender.

Pennsylvania homeowners who own and make qualifying improvements to their one- or two-unit primary residence located in the state and whose combined annual household income does not exceed $150,000 are eligible to apply for loans and rebates under this program. Eligible applicants may receive only one rebate or loan during each fiscal year, but they may apply for additional rebates or loans in future years, as long as the additional projects comply with the published guidelines current at the time of application. Rebates are available only for projects completed after February 23, 2009. Loans are available only for projects initiated after February 23, 2009. All installed equipment and material must be new, and work must be performed by a qualifying contractor. A list of qualifying contractors is available on the program web site.

The following types of loans are available:

  • Energy Star Loans (unsecured) are for the installation of qualifying Energy Star improvements or other improvements that meet program criteria. The loan range is $1,000 - $15,000. The rate is 6.99% (fixed). The term options are 3, 5 or 10 years.
  • Advanced Performance Energy Star Loans (unsecured) are for the installation of qualifying improvements that exceed Energy Star standards. The loan range is $1,000 - $15,000. The rate is 5.99% (fixed). The term options are 3, 5 or 10 years.
  • Renovate and Repair Energy Star Loans (secured) are for the installation of qualifying improvements that meet Energy Star standards or improvements that meet program criteria. The loan range is $15,000 - $35,000. The rate range is 6.375% - 8.875% (fixed). The term options are 10, 15 or 20 years. (Renovate and Repair Energy Star Loans may be available to homeowners whose income exceeds $150,000.)
  • Whole House Improvement Loans (unsecured) are for improvements that make a whole house more energy-efficient, as recommended by an approved energy auditor. The loan range is $1,000 - $15,000. The rate is 4.99% (fixed). The term options are 3, 5 or 10 years.
  • Whole House Improvement Loans (secured) are for improvements that make a whole house more energy-efficient, as recommended by an approved energy auditor. The loan range is $5,000 - $35,000. The rate range is 3.875% - 6.375% (fixed). The term options are 10, 15 or 20 years. Whole House Improvement Loans are available for qualifying improvements determined by a comprehensive "whole house" energy audit conducted by a qualifying auditor and the recommended energy improvements presented by the auditor. A post-construction audit is also conducted. Eligible applicants will receive $325 towards the cost of the energy audit from Keystone HELP upon completion of the post-construction audit.

The following types of rebates are available:

  • Energy Star Rebates are for the installation of qualifying Energy Star improvements or other improvements that meet program standards. The rebate is equal to 10% of the cost of purchase and installation, with a maximum rebate of $250.
  • Advanced Performance Energy Star Rebates are for the installation of qualifying improvements that exceed Energy Star standards. The rebate is equal to 10% of the cost of purchase and installation, with a maximum rebate of $500.

Energy Star Loans and Energy Star rebates are available for the following Energy Star products: air-source heat pumps, central air conditioners, boilers (all fuels), furnaces (all fuels), water heaters, ceiling fans, programmable thermostats, ventilating fans, windows and doors. In addition, efficient air sealing and insulation measures are generally eligible.

Advanced Performance Energy Star Loans and Rebates are generally available for efficient air-source heat pumps, central air conditioning split systems, central air conditioning package systems, boilers (all fuels), furnaces (all fuels), "alternative energy heating and cooling equipment systems” (excluding solar technologies), closed-loop geothermal heat pumps, air sealing and insulation.

For more information, see the program guidelines.


Incentive Contact

Contact Name Ken Yeager
Department AFC First Financial Corporation

Address PO Box 3558
Address 2 1005 Brookside Rd - Suite 200
Place Allentown, Pennsylvania
Zip/Postal Code 18106
Phone (610) 433-7486
Phone 2 (888) 232-3477

Email kyeager@afcfirst.com
Website http://www.KeystoneHELP.com
     
     

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE) accessed 2011-04-07"