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Southwest Tennessee Electric and TVA are making it easier than ever to become energy efficient while also saving money. With the new In-Home Energy Evaluation Program, you can reduce your power usage and receive a cash incentive or financing assistance for installing home energy improvements. The recommended energy-related home improvements you make are eligible for reimbursement of 50 percent of the installation cost, with a limit of $500, or for convenient financing.

HERES HOW IT WORKS

Contact your local Southwest Tennessee Electric office or call 1.800.772.0472 to arrange for an in-home energy evaluation by a TVA-certified evaluator. There is a $150 fee for the evaluation.

The evaluator reviews your home and creates a report outlining the potential energy-efficiency modifications and available cash incentives or financing. (See reverse for elligible improvements.)

Modifications must be made by a member of the TVA Quality Contractor Network, except for self-installed insulation. The evaluator will provide the names of qualified contractors.

All home improvements must be completed within 90 days. Once the work is finished, it will be inspected to ensure that everything is installed properly to maximize savings.

After the inspection, you submit receipts for the completed work to be eligible for the cash incentive. For financing, your contractor will be paid directly upon successful completion of the inspection.

INCENTIVES

Participants are encouraged to complete as many recommendations as they choose. Southwest Tennessee Electric will provide the following incentives to members:

EVALUATION INCENTIVE

STEMC will reimburse the home-owner the evaluation fee once the home-owner spends $150 or more to implement recommended actions.

RETROFIT INCENTIVE

STEMC may reimburse members up to 50% of costs or a maximum of $500 for completing approved recommendations. A $250 limitation may apply to certain HVAC & rehab recommendations.

COMPETITIVE FINANCING

Financing of improvements is available for up to 3 years at 6% and may be added to your monthly electric bill. Members may choose either the TVA financing or the retrofit incentive.

SCHEDULE AN EVALUATION

Contact Martha Traylor at 1-800-772-0472 to schedule an In-Home Energy Evaluation.

ADDITIONAL INFORMATION

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