Energy Retrofit Rebate Launch – San Diego County
Statewide Energy Retrofit Rebate programs initiated it’s first “soft launch” in San Diego this week. SDG&E is working with the Center for Sustained Energy who will be managing the program. This launch is targeted towards contractors to provide energy retrofit services. The actual program is scheduled to be available to homeowners the beginning of 2011.
- Some of the highlights
- Rebates $1,000 – $4,000
- Basic Retrofit – $1,000
- Advanced – $1,250 – $4,000 based on energy efficiency improvements
Program requires home energy audits to test insulation, air leakage, & duct testing and more. For the advanced rebates, a before and after will audit is required to measure the energy efficiency improvements.
Rebates to be processed through SDG&E
Orientation is required and Free offered at the Center for Sustained Energy
Home Performance Contractors – Requires BPI Certification as a Building Analyst. Additional training will be required based on contractors skills. BPI training will be offered FREE (3 day) by Center for Sustained Energy .
More Rebates coming
City of Chula Vista has announced a similar program. San Diego will also launch a similar program. Homeowners will be able to submit for both rebates. Not to mentioned existing rebates currently.
This is a great opportunity for homeowners to maximize existing rebates, improve value, experience energy savings, immediate comfort and sense of comfort improving sustainability for everyone.
Encourage any contractors to evaluate becoming a Home Performance contractor. For further details, please contact us at (888) 552-4677 or firstname.lastname@example.org
Attention Contractors – SDGE Energy Retrofit Launch, Sept 2010
SDG&E will launch their Energy Retrofit program, Energy Upgrade California, a 13 Million dollar, homeowner rebate program in the coming months.
FREE training is offered to educate Contractors interested in participating into this program and future energy retrofit programs. This is an important first step in breaking into the Energy Retrofit program.
From the Center for Sustained Energy
The purpose of this message is to invite you to participate as a lead contractor in our initial Energy Upgrade California Orientation Workshops on Tuesday, September 28 or Wednesday, September 29 from 5:00 to 8:30PM at the California Center for Sustainable Energy in San Diego.
The workshop will begin with a 1-hour overview of the Energy Upgrade California program. This will be followed by an in-depth discussion of the program details including the contractor qualification process, workforce development and training opportunities, program and contractor marketing resources, project eligibility guidelines for San Diego Gas & Electric’s rebate component , rebate application processes and a brief building performance overview. Not only will this session be the first step for you to become a EUC Participating Contractor in San Diego County, it will also give us a chance to solicit feedback on what works and doesn’t work for you as contractors.
Who needs to attend?
• Business Owner/Executive – Required
• Project Supervisor, Foremen and/or Lead Installer – Required
• Administrative Staff – Strongly Recommended
Dinner will be provided.
Please follow this link to register for these workshops:
Each member of your company that will be attended must be registered.
Resurgence in 203K Construction Loans
Demand for 203K construction loans has exploded in the last several months. This is attributed to more clients are learning about the 203k program from lenders and realtors. In addition, Fixers and REO properties sales are more available. This could be attributed to overall increase in values may be squeezing some investors from flipping REOs compared to last year.
This is a great program for buyers seeking value and strong desire to add their own design and decorating taste. Since it piggybacks on FHA loan, with low down payment (3.5%) and low interests rates, there is nothing close in financing costs.
There is also a great opportunity to leverage energy efficiency improvements with FHA Energy Efficiency Mortgage(EEM). EEM extends the loan amount for energy improvements based on energy cost savings.
The program is not without some challenges. The process can be more complex involving contractors, and 203K consultant in addition to lenders, realtors and appraisers. Program has been around since the 60’s, some of the provisions are out of date and vague. But mostly, there is a lack of recent experience with realtors and lenders.
Active 203K consultants are a great resource. Their current experience can be beneficial, avoid costly pitfalls and help with resources of other experienced lenders & contractors. To learn more about this 203K program, talk a local 203K consultant. Check HUDs website https://entp.hud.gov/idapp/html/f17cnsltdata.cfm.