Energy Incentives & Mortgages

Energy Credits and Rebates

Energy-Saver rebate from the Minnesota Office of Energy Security and the Minnesota Housing Finance Agency: Energy-Saver-Rebate.pdf

Database of State Incentives for Renewables and Efficiency:
http://dsireusa.org/

Rebate Program for Xcel Energy Customers:
http://www.xcelenergy.com/Save_Money_&_Energy/Find_a_Rebate

Rebate Programs for Centerpoint Energy Customers:
http://www.centerpointenergy.com/services/naturalgas/residential/efficiencyrebatesandprograms/MN/

Energy Mortgages

An energy mortgage credits a homes energy efficiency in the home loan. For an energy efficient home, for example, it could mean giving the home buyer the ability to buy a higher quality home because of the lower monthly costs of heating and cooling the home. For homes in which the energy efficiency can be improved, this concept allows the money saved in monthly utility bills to finance energy improvements.

There are two types of energy mortgages:

• Energy Improvement Mortgage - Finances the energy upgrades of an existing home in the mortgage loan using monthly energy savings.
• Energy Efficient Mortgage - Uses the energy savings from a new energy efficient home to increase the home buying power of consumers and capitalizes the energy savings in the appraisal. View the FHA Energy Efficient Mortgage Fact Sheet for more information.

For more information regarding Energy Mortgages visit the Frequently Asked Questions area of the Residential Energy Services Network's web site at: http://www.resnet.us/ratings/faq_mortgage.