Bloomington: Energy-saving Incentive Programs Available to Help Renters, Landlords, and Homeowners Save Money on Utility Bills

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~ Bloomington, IN- The City of Bloomington is urging renters, landlords, and homeowners to take advantage of a new program that could significantly reduce their utility bills. The Indiana Energy Saver program, offered through the Indiana Office of Energy Development (IOED), provides funding for energy efficiency upgrades in residential buildings.

The program has two components: the Home Efficiency Rebates (HOMES) program and the Home Appliance Rebates (HEAR) program. The HOMES program focuses on energy efficiency upgrades and retrofits, which can include a combination of energy-efficient products and building material installations. These upgrades must save at least 20 percent of a home's energy usage to qualify.

To participate in the HOMES program, residents must undergo a whole-home energy assessment and receive targeted recommendations. Low-income households may be eligible for up to 100 percent of the project cost, with a maximum rebate of $18,000 for Energy Star-rated HVAC systems and water heaters, insulation, air sealing, duct sealing, appliances, and lighting.

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The HEAR program is designed for low- and moderate-income households to purchase energy-efficient equipment. Residents can receive funding to offset the cost of heat pump HVAC systems, water heaters, clothes dryers, Energy Star-certified cooktops and stoves, electric panel and wiring upgrades, as well as insulation, air sealing, and mechanical ventilation projects. The maximum total discount for all qualified projects is $14,000.

The amount of rebates available through the state depends on household income and project type. These rebates will be automatically applied as a discount at the point of sale during the contractor transaction.

Residents can also combine these rebates with the Bloomington Green Home Improvement Program (BGHIP) rebate as long as the total does not exceed the project cost. To do so, residents must first apply through the Indiana rebate program website and be paired with an approved contractor. After receiving a quote for the state rebate, residents can then apply for the BGHIP rebate.

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Shawn Miya, Assistant Director of Sustainability, emphasized the potential savings for residents who take advantage of these incentives. "When residents stack incentives from the Office of Energy Development, the City of Bloomington, Duke Energy, and federal tax credits, the savings are quite substantial," said Miya. "Now is the best time to make these upgrades while funding lasts. When we increase energy efficiency, it not only saves us money but also helps us to reduce our greenhouse gas emissions and improve our air quality."

For example, a typical heat pump HVAC system costs $10,000. However, for a resident making less than 150% of the Area Median Income (approximately $104,300), stacking all available incentives could result in a total cost as low as $2,275.

Residents interested in learning more about Bloomington's sustainability and climate efforts can visit bloomington.in.gov/sustainability or check out the City's climate action dashboard at bloomington.climatenavhub.com. The City encourages all eligible residents to take advantage of this opportunity to save on their utility bills and contribute to a more sustainable community.

Filed Under: Government, City

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