Incentives/Policies for Renewables & Efficiency
Last DSIRE Review: 05/03/2012
||Utility Loan Program
|Eligible Efficiency Technologies:
||Clothes Washers, Refrigerators, Water Heaters, Lighting, Electric rechargeable lawn mowers, Electric rechargeable weed trimmers
|Amount:||$100 - $7500|
|Maximum Incentive:||Heat Pumps: $7,500|
Repayment: 60 months
Idaho Falls Power's Energy Efficiency Loan Program offers zero interest loans for qualifying customers to purchase and install efficient electric appliances. The program will loan up to 100% of the actual cost of eligible measures for qualifying customers. Electric appliances eligible for financing include, but are not limited to, the following:
- Water heaters (minimum .93 energy factor)
- Compact fluorescent bulbs
- Energy Star washing machines (1.72 MEF minimum)
- Electric rechargeable lawn mowers, electric rechargeable weed trimmers
- Electronic thermostats
This program is only available to customers with a good payment history with City Utilities (i.e. no outstanding current balance, no disconnects for nonpayment, no delinquencies), and who have minimum of one year payment history with the utility. There is a $25 administration charge to apply. If non-payment occurs for three months, the remaining balance will be immediately due and payable with interest at 12% per year or electric service can be disconnected. For more information, visit the program website.
Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
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