Energy Saver Rebate Powered by the Fix-up Fund
Fix-up Fund borrowers who complete eligible energy saving home improvements with their loan proceeds may be eligible for a rebate equal to 35% of the cost of the eligible improvements that were financed with a Fix-up Fund loan, up to a maximum of $10,000. There is a limit of one Energy Saver Rebate per household.
Eligible Improvements:
- Replacement furnaces, boilers, and central air conditioners that are eligible for Federal Energy Tax Credit
- Replacement exterior doors that are eligible for Federal Energy Tax Credit
- Energy Star replacement windows
- Energy Star light fixtures
- Attic air sealing
- Wall and attic insulation in conjunction with attic air sealing
- Water heaters if “orphaned” due to furnace replacement
Next Steps
- Print out the Energy Saver Rebate Application and work with contractor(s) to obtain bids/estimates for rebate-eligible improvements
- Close Fix-up Fund loan with participating lender, use proceeds to perform agreed-upon improvements, then submit Energy Saver Rebate Application to your participating Fix-up Fund lender
- Resources for Rebate Eligible Improvements
- Energy Saver Rebates are not retroactive. Fix-up Fund loans associated with Energy Saver Rebates cannot close prior to December 7, 2009.
This project is made possible by a grant from the U.S. Department of Energy and the Minnesota Department of Commerce.