Columbia Water & Light – Home Performance with ENERGY STAR Loan

Program Overview

Implementing Sector	Utility
Category	Financial Incentive
State	Missouri
Incentive Type	Loan Program
Web Site	Columbia Power Partners - Residential Programs and Tools
Administrator	Columbia Water & Light
Utilities	City of Columbia
Eligible Renewable/Other Technologies	Solar Water Heat, Solar Space Heat
Eligible Efficiency Technologies	Water Heaters, Furnaces, Heat pumps, Air conditioners, Duct/Air sealing, Windows, Comprehensive Measures/Whole Building, Other EE
Applicable Sectors	Residential, Multifamily Residential
Maximum Loan	Single Family Home: $15,000 Multi-family housing: $30,000
Loan Term	Up to 10 years
Requirements	Requires cost-effective insulation levels and a detailed building assessment from a Certified Home Performance Contractor.
Interest Rate	Up to 3 years: 1% 4 to 5 years: 3% 6 to 10 years: 5%

Summary

The Columbia Water & Light (CWL) Home Performance with ENERGY STAR program allows Columbia residents to finance energy efficiency improvements to homes with affordable, low-interest loans with terms up to 10 years. If a CWL customer has a good credit history and owns an eligible home, loans can be used to install insulation, heating and cooling systems, solar water heating and solar space heating systems, and other eligible efficiency technologies.

The program involves several steps. First, a CLW certified contractor conducts a Home Performance with ENERGY STAR assessment, which provides information to the homeowner on cost-effective ways to improve the home’s energy efficiency. The homeowner then completes and submits a loan application. Improvements may be started once the loan is approved. Once projects are completed, CWL staff will conduct a post-inspection.

Contact

Utility Services

Organization:

Columbia Water and Light

Phone:

(573) 441-5528

E-Mail:

Efficiency@CoMo.gov