Vermont Gas - Residential Energy Efficiency Loan and Rebate Program (Vermont)
(Redirected from Vermont Gas - Residential Energy Efficiency Loan Program (Vermont))
Last modified on February 12, 2015.
Financial Incentive Program
|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|
|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
|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|
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.
|Contact Name||Vermont Gas|
|Address||P.O. Box 467|
|Place||South Burlington, Vermont|
|Phone|| (802) 863-4511
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.