You don’t have to break the bank to get started on energy upgrades
We all know that making energy-saving improvements leads to lower energy bills (and way more comfortable homes), but many people don’t realize that they may be eligible for increased cash incentives to help make these upgrades on a limited budget. Many participants in Energy Trust of Oregon’s Savings Within Reach program are surprised to find that they qualify for these increased incentives—a moderate income family applies to a lot more of us than we may realize!
You must be a Pacific Power customer living in a single-family or manufactured home and be completing a qualified project that will save energy on your electricity bill. Rental properties do qualify but your landlord needs to approve the projects. Qualifying projects insulation, ductless heat pumps, high-efficiency furnaces, and heat pump water heaters (be sure to check out Energy Trust’s website for full requirements for each project).
Let’s talk about the money
Savings Within Reach incentives are available to income-qualified households that earn between 60-120 percent of Oregon state median income.
If you don’t meet the minimum gross annual income, you can check out NeighborImpact’s weatherization program which provides free home weatherization to eligible low-income clients in Deschutes, Crook, and Jefferson counties. You can be a renter or an owner and live in a site-built or manufactured home. You can view the full details and income guidelines on their website.
Getting started with Savings Within Reach
View the full process on Energy Trust’s website.
- Establish your eligibility.
- Contact an Energy Trust trade ally contractor trained to provide Savings Within Reach services. All improvements must be installed by an approved Energy Trust trade ally trained to provide Savings Within Reach services.
- Prior to beginning improvements, your contractor will ask you to sign an Income Verification form to confirm your eligibility.
- After installation, your contractor will submit your signed incentive application. Cash incentives will be paid directly to your contractor, who will deduct the incentive amount from your invoice, reducing your out-of-pocket cost. You pay your contractor for the balance of your invoice.
If you think getting extra cash to complete an energy project is pretty great, hold on because we’re about to knock your socks off. You can also finance your project on your energy bill which means that you can directly put your energy savings towards paying off the cost of the project. This is made possible through another Energy Trust of Oregon program called On-Bill Repayment. Energy Trust works with a regional nonprofit lender, Craft 3, to offer fixed rates and low monthly payments that are made on your monthly Pacific Power bill.