Up to $16,000 cash back available for flooded businesses with boosted Efficiency Vermont rebates
Winooski, VT
Increased offers, expanded eligibility for businesses damaged by Vermont’s summer floods needing new heating systems and commercial kitchen equipment
WINOOSKI, VT—Businesses damaged by Vermont’s summer floods can now get up to $16,000 cash back through increased rebates and expanded eligibility from Efficiency Vermont’s flood recovery offers.
The boosted business rebates offer 100% of costs back on eligible HVAC (heating, ventilation, and air conditioning) systems, hot water systems, and commercial kitchen equipment like freezers, refrigerators, dishwashers, ovens, and more.
Key program updates include:
- Increased rebates: Flood-impacted businesses can now recoup 100% of their cost on eligible equipment, up to $4,000 per piece of equipment. Each business qualifies for up to four pieces of equipment. Taking full advantage of this offer means business owners can receive a maximum award of $16,000. That’s in addition to existing point-of-purchase offers which can mean hundreds of dollars in additional rebates.
- Rebates now cover eligible fossil fuel boilers and furnaces. Boilers and furnaces that are ENERGY STAR-certified now qualify for 100% of the rebate, up to $4,000 each.
- Air sealing and insulation products now qualify. Air sealing and insulation products used to improve a building’s envelope or mechanical insulation applications can now receive a rebate of 100% of the product cost, up to $4,000. When combined with Efficiency Vermont’s Building Performance program, businesses can get up to $9,000 back on eligible weatherization projects.
- All rebates are retroactive to July 7, 2023. Efficiency Vermont is proactively contacting businesses who already participated in flood rebate offers to deliver additional dollars for any qualifying products or purchases.
"These enhanced rebates will help Vermont business owners recover more of the costs of replacing equipment after this summer’s devastating floods,” said Meghan Chambers, customer engagement manager for small businesses with Efficiency Vermont. “Our Customer Service team can work with business owners to make the rebate process easy. Plus, we can help them find additional products their businesses need that may be eligible for these rebates.”
Equipment eligible for the enhanced rebates must be on Efficiency Vermont’s qualifying products list. Larger fossil fuel-based boilers and furnaces must be individually evaluated by Efficiency Vermont to qualify. Business owners should contact Efficiency Vermont to learn about additional equipment that may qualify for the $4,000 rebate.
Businesses can apply via the application on Efficiency Vermont’s website, or by calling (888) 921-5990 for savings analysis and technical support. Business owners in need of additional assistance can take advantage of low-interest financing through Efficiency Vermont’s Business Energy Loan.
To date, more than 40 flood-impacted businesses have received roughly $300,000 in Efficiency Vermont flood recovery rebates.
The expanded business offers are in addition to Efficiency Vermont’s flood recovery rebates for homeowners, renters, and rental property owners. Those rebates have made millions available to replace heating systems and appliances in flood-impacted homes and rental units. Grants from the Agency of Natural Resources also offer bonuses for contractors for prioritizing work in flood-impacted homes, and for adding electrification and resilience efforts to flood-hit homes.
About Efficiency Vermont
As the nation’s first Energy Efficiency Utility, Efficiency Vermont has helped Vermont avoid over 13.2 million metric tons of greenhouse gas emissions and has received the U.S. Environmental Protection Agency’s ENERGY STAR program Partner of the Year – Sustained Excellence award for the last eight consecutive years. Efficiency Vermont works with partners to help our state transition to more affordable, low carbon energy use through education, incentives, and support for our clean energy workforce. Learn more at www.efficiencyvermont.com.
Efficiency Vermont Press Contact
Matthew Smith
Phone: (802) 540-7662
[email protected]