On October 17th, the Eugene Water and Electric Board (EWEB) had an exciting announcement for homeowners: for the rest of the 2013 heating season, they are offering rebate and loan programs for a variety of energy conservation projects! Among the programs that they offer, Home Comfort is particularly excited about the following programs that are available to Eugene homeowners once again:
Ducted Heat Pumps: If you’ve been looking to install a new ducted heat pump, EWEB can offer homeowners the choice of receiving a $500 rebate off the price of your new system, or the flexibility of a zero interest loan. Manufactured homes can qualify for loans up to $7,000, while site-built homes may receive a loan up to $9,000!
Ductless Heat Pumps: The savings are just as good for ductless heat pump installations! The available rebate for a new ductless system is now $750.00; some homeowners may also qualify for the option of a zero-interest loan up to $4,000, with the possibility of additional funding (depending on how many indoor units your new ductless system requires).
Insulation: Along with heat pumps, EWEB’s Weatherization program has also returned! By upgrading your insulation, you can cut down on energy bills and take advantage of the option of a rebate or a loan. EWEB offers a rebate of $0.40 per square foot of upgraded insulation, which may cover up to 50% of the price of your project. And of course, they also offer generous zero-interest loans of up to $4,000 for single-family residences.
With the rollout of these new energy conservation programs, there are many opportunities for savings. Besides the financial assistance offered by these programs, many of these heating and cooling systems qualify for state and federal tax credits. And in addition to saving money on your energy bills, upgrading to a more efficient heating and cooling system and updating your insulation can add to the value of your home!
Remember, the project must be performed by a qualified participating contractor like Home Comfort to be eligible for funding from the program. For complete information on EWEB’s current energy conservation programs, please visit www.eweb.org/saveenergy/home.