Vermont Gas - Residential Energy Efficiency Loan and Rebate Program (Vermont)

(Redirected from Vermont Gas - Residential Energy Efficiency Loan Program (Vermont))

This is the approved revision of this page, as well as being the most recent.
Jump to: navigation, search

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Vermont

Name Vermont Gas - Residential Energy Efficiency Loan and Rebate Program
Incentive Type Utility Loan Program
Applicable Sector Low-Income Residential, Multi-Family Residential, Residential
Eligible Technologies Boilers, Building Insulation, Custom/Others pending approval, Duct/Air sealing, Furnaces, Heat pumps
Active Incentive Yes

Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount Rebate: 33.3% of installed cost for energy efficiency measures

Loan: 66.7% of installed cost for energy efficiency measures
Repayment: up to 3 years (0%), up to 5 years (2%), up to 10 years (4%)
















Maximum Incentive not specified









Terms Customers must use at least 0.5 Ccf per square foot of natural gas in one year and have direct landlord authorization to be eligible.
Program Administrator HomeBase Programs
Website http://www.vermontgas.com/efficiency_programs/res_programs.html
Date added to DSIRE 2006-04-17
Last DSIRE Review 2012-10-16
Last Substantive Modification
to Summary by DSIRE
2012-10-16


References DSIRE[1]


Summary

Vermont Gas customers whose homes have used at least 0.5 Ccf per square foot of natural gas over the past year are eligible for this program, as are multi-family buildings. Typical measures include blown-in cellulose insulation for walls and ceilings and specific air sealing measures designed to make houses less drafty. In some cases, heating system and distribution improvements are also recommended. Typically, Vermont Gas will rebate one third of the installed cost of the recommended measures and provide a reduced interest loan through the Opportunities Credit Union for the remaining balance. Currently, customers are offered loans at 0% interest for up to 3 years, 2% interest for up to 5 years, or 4% interest for up to 10 years. Low income customers will be referred to the Champlain Valley Weatherization Service (CVWS) for enhanced incentives.


Incentive Contact

Contact Name Vermont Gas
Department HomeBase Programs

Address P.O. Box 467

Place South Burlington, Vermont
Zip/Postal Code 05403
Phone (802) 863-4511


Email efficiency@vermontgas.com
Website http://www.vermontgas.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)"