Springfield Utility Board - Residential Energy Efficiency Loan Program

May 08, 2024

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.

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: Ductless Heat Pump: Up to $4,700
Ducted Heat Pump: Up to $7,200
Windows: Up to $5,000
Attic or Floor Insulation : $4,000
Wall Insulation: $6,000
Duct Sealing: $1,300
Loan Term: Weatherization: 0% interest. Loan terms are $1000- $2000 for 36 Months or $2001-$6,000 for 48 Months on approved credit
Heat Pumps: 0% interest rate, maximum loan term 48 months

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.