Idaho Falls Power - Residential Energy Efficiency Loan Program

Last updated: August 28, 2018

Program Overview

Implementing Sector:Utility
Category:Financial Incentive
State:Idaho
Incentive Type:Loan Program
Web Site:http://www.idahofallsidaho.gov/city/city-departments/idaho-falls-power/services-for-your-home/loan-qualification-terms.html
Administrator:Idaho Falls Power
Eligible Renewable/Other Technologies:Geothermal Heat Pumps
Eligible Efficiency Technologies:Clothes Washers, Refrigerators/Freezers, Water Heaters, Lighting, Heat pumps, Air conditioners, Programmable Thermostats, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Insulation, LED Lighting, Tankless Water Heater

Summary

Idaho Falls Power's Energy Efficiency Loan Program offers zero interest loans for qualifying customers to purchase and install efficient electric appliances and implement weatherization measures. The program will loan up to 100% of the actual cost of eligible measures for qualifying customers. Eligible measures and appliances include:

  • Appliances
    • Water heaters (minimum .94 energy factor)
    • Heat pumps
    • Refrigerators
    • Freezers
    • Compact fluorescent bulbs and LEDs
    • Energy Star washing machines (1.72 MEF minimum)
    • Electric rechargeable lawn mowers and weed trimmers
    • Electronic thermostats
    • Air conditioners
  • Weatherization
    • Ceiling insulation
    • Floor/perimeter insulation
    • Wall insulation in 3.5" deep or greater wall cavities and unfinished walls
    • Knee wall insulation
    • Duct insulation
    • Clock thermostats, zonal line-voltage electronic thermostats
    • Air sealing (caulking, weatherstripping, duct sealing
    • Windows and sliding doors (U.30 minimum)

This program is only available to customers with a good payment history with City Utilities (i.e. no outstanding current balance, no disconnects for nonpayment, no delinquencies), and who have minimum of one year payment history with the utility. There is a $25 administration charge to apply. If non-payment occurs for three months, the remaining balance will be immediately due and payable with interest at 12% per year or electric service can be disconnected.  For more information, visit the program website.

The utility also offers rebates in lieu of loans.

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