Homeowner Financial Incentives

From in-home energy consultations to comprehensive improvement projects with financial incentives, there are a wide array of programs and options available to every Nashville homeowner.

 

TVA

In-Home Energy Evaluation Program provides a comprehensive in-home energy assessment, as well as rebates and financing options to homeowners who choose to make significant investments in energy-saving improvements. For $50, homeowners can have an energy evaluation performed by TVA-certified auditors. Auditors also will inspect any improvements after installation. Homeowners who complete this program are eligible for rebates up to $500. For more information on scheduling your In-Home Energy Evaluation, click here.

 

THF

Energy Retrofit Program provides low-interest loans between $1,000 and $35,000 to Davidson County homeowners who are at or below 120 percent of the area median household income. Through this program, homeowners also participate in the In-Home Energy Evaluation Program and make upgrades that reduce their energy costs by 15 percent or more. The payment on a $5,500 loan, which is the average cost to achieve a 15% energy reduction, would be $60 per month or less for a 10-year period. To find out if you may qualify for this program, please visit our income calculator. For more information on the Energy Retrofit Program, click here.

 

NES 1

ENERGY STAR Heat Pump Program provides homeowners with low-interest, long-term financing for new heat pumps. Homeowners who also participate in the In-Home Energy Evaluation Program (IHEE) can receive a $250 rebate by financing their heat pump through IHEE. For more information on how to qualify, call (866) 756-5106 or click here.

 

NES 1

Water Heater Program provides homeowners with a $50 rebate for installing a new electric water heater in an existing home. Proof of purchase is required. Click here for details.

 

HON

Home Energy Savings Program engages volunteers to make energy- and money-saving upgrades at no cost to Davidson County homeowners who are at or below 80 percent of the median household income. Through Nashville Energy Works, 20 homes in Metro Council District 17 (South Nashville) are benefitting from the Home Energy Savings Program. To find out if you may qualify, please visit our loan calculator, or contact NEW@hon.org to request an application. To view a map of Metro Council District 17, click here. For more information about the Home Energy Savings Program, click here.

 

Federal Tax Credits for Energy Efficiency have been extended through December 2013 or 2016. To view a defined list of energy efficient home improvement and appliance additions you can make this year and save money on your tax return, as well as application instructions for all of the Federal Tax Credits, click here.