Home Performance with ENERGY STAR for Rental Property Owners
Work with an Efficiency Excellence Network contractor to improve insulation and air sealing — ensuring occupants' comfort, health, and safety — and get 75% off project costs.
About this rebate
Offer available to:
- ✓ Rental Properties
Effective Date: July 8, 2024
Offer available while funding lasts.
- Offers is for existing rental properties with one - four units in Vermont. (Short term rentals are eligible for the single family offer. Multifamily properties with five units or more may be eligible for Building Performance.)
- A participating Efficiency Excellence Network (EEN) contractor must oversee the work and complete a blower door test before work is started.
- Project must achieve minimum air leakage reduction of 10% (as measured by a pre- and post-blower door test), and installation of all recommended health and safety improvements.
- Reach out to Efficiency Vermont at (888) 921-5990 or [email protected] to confirm eligibility if:
- You’ve received a rebate for weatherization work from Efficiency Vermont in the past or are not sure
- The whole home or a unit is occupied by someone who does not pay rent
- Free services are available through local weatherization organizations to low-income Vermont residents who meet income eligibility guidelines.
- Vermont Gas Systems customers: call (802) 863-4511 x321 or visit www.vermontgas.com to determine eligibility.
- Burlington Electric Department customers: call (802) 865-7300 or visit www.burlingtonelectric.com.
Details:
- Rental property must contain 1-4 units.
- All units must participate and be a whole-home approach.
- Eligibility will be determined based on rent levels.
- If there is an owner-occupied unit, the owner must attest to their income and use that in place of rent to determine eligibility.
- Short-term rentals (rented less than 6 months/year) are ineligible.
Rental properties where at least 50% of the units are being rented at or below the levels in the table below are eligible for 75% of project costs back, up to $9,500 per unit. (If less than 50% of units are being rented at or below the levels in the table below, property owners are eligible for 75% of project costs back, up to $4,000 per building.)
# of Units | Rebate Max per Property |
---|---|
1 | 75% eligible project costs up to $9,500 |
2 | 75% eligible project costs up to $19,000 |
3 | 75% eligible project costs up to $28,500 |
4 | 75% eligible project costs up to $38,000 |
Eligible rental units must be equal to or below the maximum gross rent levels outlined in the table below.
MAXIMUM ALLOWABLE RENT LEVEL PER RENTAL UNIT (INCLUDING UTILITIES) | ||||||
---|---|---|---|---|---|---|
Studio | 1 BDRM | 2 BDRM | 3 BDRM | 4 BDRM | 5 BDRM | |
Chittenden, Franklin, Grand Isle | $2,498 | $2,676 | $3,210 | $3,710 | $4,138 | $4,566 |
Addison | $2,289 | $2,453 | $2,943 | $3,401 | $3,794 | $4,186 |
Washington | $2,214 | $2,372 | $2,846 | $3,289 | $3,668 | $4,048 |
All other VT counties | $2,150 | $2,305 | $2,765 | $3,195 | $3,565 | $3,933 |
- Hire an Efficiency Excellence Network contractor and plan the scope of your project.
- Review rent limits to determine eligibility.
- Contractor completes work and submits to Efficiency Vermont for review.
- Complete rent rate attestation to confirm incentive amount.
- Receive 75% of project cost back, up to $4,000 per project, or $9,500 per unit for income-eligible Vermonters.
Free services are available through local weatherization organizations to low-income Vermont residents who meet income eligibility guidelines.
Vermont Gas Systems customers: call (802) 863-4511 x321 or visit www.vermontgas.com to determine eligibility.
Burlington Electric Department customers: call (802) 865-7300 or visit www.burlingtonelectric.com.
Secure financing to help pay for energy-saving improvements.
Financing for Business
Business Energy Loan
Low-interest financing for business, nonprofits, and institutions.
Utility on-bill financing
Pay for your project monthly through the Weatherization Repayment Assistance Program.