|Incentive Type:||Utility Loan Program|
|Eligible Efficiency Technologies:||Furnaces, Boilers, Heat pumps, Duct/Air sealing, Building Insulation, Custom/Others pending approval|
|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.|
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%)
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.