Springfield Utility Board - Residential Energy Efficiency Loan Program

June 02, 2022

Summary

The Springfield Utility Board offers qualifying customers a 0% loan for the purchase of qualifying energy-efficient heat pumps, insulation upgrades, duct sealing and energy efficient windows.

For the Ductless Heat Pump Loan Program, qualifying systems must be on BPA's Ductless Heat Pump Qualified list with a minimum HSPF standard of 9.0 to 11.0 dependent on the system it is replacing. Loans are offered up to $7,000. Customers who are purchasing a qualifying heat pump, and who chose not to participate in the loan program, are eligible for a $100 - $800 rebate.

For the Heat Pump Loan Program, air source heat pumps and gas backup heat pumps are eligible with a minimum 9.0 HSPF and 14.0 SEER. Homes must also have ceiling, wall and floor insulation of a set R-value. Homes must also have a programmable thermostat. Loans are offered up to $7,000. Customers who are purchasing a qualifying heat pump, and who chose not to participate in the loan program, are eligible for an $800 rebate.

The Weatherization Loan Program is available for customers with permanently installed electric heat, baseboard, wall heaters, ceiling heat, electric furnace, or heat pump. Homes must be fully insulated to qualify for the window program, and window replacements must have a minimum 0.30 U-value rating. Recommended insulation levels for this program are: Ceiling R-49 , Floor R-19, and Wall R-11.  Customers who do not wish to participate in the loan program are eligible for a rebate on insulation and window upgrades (income qualified customers can receive 100% rebates). Rebates are not to exceed 50% of project costs.

Interested customers should get bids from qualifying contractors, and submit them, along with the loan application form to the utility. Application details may be found on the site listed.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Oregon
Incentive Type: Loan Program
Web Site: https://www.subutil.com/conservation/for-your-home/rebates-loans/
Administrator: Springfield Utility Board
Start Date:
Eligible Renewable/Other Technologies:
  • Heat pumps
  • Building Insulation
  • Windows
Maximum Loan: Heat Pumps: $7,000
Weatherization: $4,000 or 50% of costs
Loan Term: Rate: 0%
Repayment: up to 60 months

Incentives

This program has 3 incentives
Technologies: Heat pumps, Building Insulation, Windows
Sectors: Residential
Parameters: The incentive is 0.00 %
Technologies: Heat pumps
Sectors: Residential
Parameters: The incentive has a minimum of $7000.00
Technologies: Building Insulation, Windows
Sectors: Residential
Parameters: The incentive has a minimum of 50.00 % of cost

Contact

Name: David Harris
Organization: SUB Conservation Dept.
Address: 223 A St. Suite B
Springfield OR 97477
Phone: (541) 744-3775

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.