Springfield Utility Board - Residential Energy Efficiency Loan Program (Oregon)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Springfield Utility Board - Residential Energy Efficiency Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Building Insulation, Heat pumps, Windows|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount|| Heat Pumps: up to $7,000|
Weatherization: up to $4,000
|Maximum Incentive|| Heat Pumps: $7,000|
|Terms|| Rate: 0% |
Repayment: up to 60 months
|Program Administrator||Springfield Utility Board|
The Springfield Utility Board offers qualifying customers a 0% loan for the purchase of qualifying energy-efficient heat pumps, insulation upgrades, duct sealing, and energy efficient windows.
For the Heat Pump Loan Program, qualifying systems must have a programmable thermostat, and existing duct systems (if any) need to be tested for efficiency. Air Source and Gas Backup Heat Pumps (with an 9.0 HSPF and 14.0 SEER ratings for split units) qualify for this rebate. Customers who are purchasing a qualifying heat pump, and who chose not to participate in the loan program, are eligible for a $500 rebate.
The Weatherization Loan Program is available for customers with permanently installed electric heat, baseboard, wall heaters, ceiling heat, electric furnace, or heat pump. Homes must be fully insulated to qualify for the window program, and window replacements must have a 0.30 U-value rating. Recommended insulation levels for this program are: Ceiling R-49 , Floor R-19, and Wall R-11. Customers who do not wish to participate in the loan program are eligible for a 50% rebate of the cost of insulation upgrades (income qualified customers can receive 100% rebates).
Interested customers should get bids from qualifying contractors, and submit them, along with the loan application form and an administration fee of $80 to the utility. Once work has been completed, someone from the utility will inspect the work done. Loan applications can be found on the program web site.
|Contact Name||Energy Conservation Services|
|Department||Springfield Utility Board|
|Address||223 A St. Suite B|
|Phone 2||(541) 746-0963|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.