Exciting News: Expanded Rebates for Vermont Households
Good news for Vermont residents & the members of Energy Co-op of Vermont: Efficiency Vermont has broadened its income eligibility guidelines, making it easier for more households to access substantial rebates and programs to improve home energy efficiency. The updated income levels mean that many low- and moderate-income households can now take advantage of significant savings on home weatherization, energy-efficient heating and cooling systems, and modern appliances.
Major Benefits of the New Rebates for Vermont Homes
1. Heating and Cooling Systems
- Heat Pumps: These heat pump systems offer heating and cooling, ensuring comfort for your Vermont home throughout the year. For ductless heat pumps, get $350 to $450 off, with an extra $200 for those who qualify based on income. Homes with ductwork can get $1,000 to $2,000 off ducted heat pumps, plus the $200 income-based bonus.
- Heat Pump Water Heaters: Receive up to $5,000 to cover 100% of the costs for the purchase and installation of a heat pump water heater in Vermont. These heaters can significantly reduce your water heating energy costs.
2. Home Weatherization
- Weatherization Costs: Save 75% (up to $9,500) on air sealing and insulation through the Home Performance with ENERGY STAR® program. This can lead to substantial energy savings and improved indoor comfort. Low-income households may qualify for free weatherization via the state's Weatherization Assistance Programs.
3. Home Energy Loans
- 0% Interest Financing: Spread the cost of home energy improvements with zero-interest loans. These can be used for heating upgrades, attic insulation, wood pellet stoves, and health and safety enhancements.
New Income Thresholds
The updated income thresholds, established annually by the federal Department of Housing and Urban Development and calculated by the Vermont Housing Finance Agency, now enable more families to qualify for these rebates. For instance, in Chittenden County, a family of four earning up to $142,700 is now considered moderate-income.
How to get a Rebate as a Renter:
Efficiency Vermont's rebates are now accessible to more renters, with eligibility based on updated rent limits rather than renter income. This change extends the benefits to those living in manufactured homes, multi-family units, and various apartment configurations.
How to Determine Your Eligibility for a Vermont Rebate:
To determine your household income, calculate the monthly amount (before taxes) from your recent paychecks and multiply by 12. This includes income from all family and non-family members aged 18 and older living in your household. Detailed guidelines for calculating household income are available for larger households as well.
Enjoy the Expanded Vermont Rebates Today:
With these updated eligibility criteria, more Vermont households can now enjoy the benefits of increased energy efficiency, cost savings, and improved home comfort. As a trusted member of the Efficiency Excellence Network, our staff provides top-notch energy efficiency services. Don't wait to improve your home's energy efficiency and comfort. Contact us today to schedule a home heating service and start saving on your energy bills with Efficiency Vermont's expanded rebates. Our team is ready to help you take full advantage of these offers and make your home more energy-efficient.