Flood Recovery Rebates: Home Electric System Updates
Upgrading your home’s electric panel may be necessary to support your flood-recovery projects. It can also ready your home for new energy efficient products like heat pumps and EV chargers.
Damage must have occurred between July 10 – July 31, 2023 (or July 10 – August 10 for residents of Addison County).
About this rebate
Offer available to:
- ✓ Residential Properties
Effective Date: July 10, 2023
Offer available while funding lasts.
- Your household income must be at or below the “Low Income” or “Moderate Income” levels for your county as outlined in this table.
- Low-income customers are eligible to receive 100% of eligible project costs up to $10,000. If your project costs exceed this limit, please contact Efficiency Vermont to discuss whether there may be options for additional coverage.
- Moderate-income customers are eligible to receive 90% of eligible project costs up to a maximum project cost of $10,000.
- The maximum reimbursement for all parts, materials, and equipment specific to wiring will not exceed $2,000.
- The maximum reimbursement for parts, materials, and equipment specific to customer owned pole(s) or conduit, including trenching and backfilling, will not exceed $5,000.
- All equipment must be new and installed in Vermont. Used, rebuilt, or refurbished equipment is not eligible.
- Project must be completed between 9/1/2023 through 9/30/2026. Rebate forms for completed projects must be submitted no later than 12/31/2026.
200Amp Electric Panel OR Subpanel to achieve total of 200Amp service AND Associated Equipment. Installation of equipment allowing 225 amp service is allowable if advised by the electrician. See below for eligible equipment.
- Service entrance upgrade.
- Electrical panel or subpanel as needed to serve new and likely future loads; an existing panel may be kept as a subpanel if advised by the electrician.
- Wiring (including junction boxes and a receptacle/outlet) to serve a new load.
- Meter socket and related materials, such as a wood backer board.
- Customer-owned pole(s) or conduit, including trenching and backfilling.
- Service line (conductor) from the transformer to home or meter socket.
- Costs associated with disposing of or recycling old equipment that is being replaced under the program.
- Other critical safety corrections if advised by the electrician.
- Before beginning your electric system upgrade project, ensure that you meet the income eligibility requirements and that the scope of work from your electrician meets the eligible program requirements.
- Confirm your home electric system project has been installed by a properly licensed Master Electrician.
- Download the rebate form to apply. Ensure that this form has been completed and signed by you and the electrician who has completed the work.
Secure financing to help pay for energy-saving improvements.
Financing for Homeowners
Home Energy Loan
Flexible financing for homeowners starting at 0% interest.
Home Energy Loan Flood Recovery Accommodations
Eligible fossil fuel heating equipment may be financed
0% interest loans, with loan terms of 5 years or less, are available for all customers recovering from flooding
Borrowing cap: $30,000
The cap of 50% for Health & Safety project costs has increased to having no cap if such repairs are necessary for your project