Springfield Utility Board – Residential Energy Efficiency Loan Program

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.