| Implementing Sector: | Local |
| Category: | Financial Incentive |
| State: | Alabama |
| Incentive Type: | Loan Program |
| Web Site: | http://www.alabamawise.org |
| Administrator: | Nexus Energy Center |
| Funding Source: | State Energy Program – Better Buildings Program; Alabama Department of Economic and Community Affairs |
| Start Date: | 01/01/2010 |
| Eligible Efficiency Technologies: | Equipment Insulation, Water Heaters, Furnaces, Heat pumps, Air conditioners, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Comprehensive Measures/Whole Building, Custom/Others pending approval, Other EE |
The Alabama WISE Home Energy Program provides technical and financial resources for homeowners to improve energy efficiency of their homes. Homeowners can work with participating certified energy contractors to complete a comprehensive home energy assessment. During the energy assessment the contractor will identify various energy saving measures which the homeowner may choose to implement.
The program also provides financing for energy efficiency measures identified in the assessment. To be eligible for the loan, the homeowner must have a minimum credit score of 660 and must be a member or affiliate member of the RedStone Federal Credit Union. A list of eligible improvements and additional program information are available on the AlabamaWISE web site. For more information, please contact Dario Gonzalez as provided in the address below. This program is available statewide.
This program is part of the U.S. Department of Energy's (DOE) Better Buildings Program. The DOE has awarded over $500 million in federal funds to more than 40 states, local governments, and organizations to administer local programs targeting a variety of building types. Combined, these local programs are expected to improve the efficiency of more than 170,000 buildings through 2013 and save up to $65 million in energy costs annually.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
