Published: Jul 30, 2012 12:00 AM
Modified: Jul 29, 2012 01:00 PM
CHAPEL HILL - The Town of Chapel Hill is expanding of the Chapel Hill WISE (Worthwhile Investments Save Energy) Homes and Buildings Program to single-family rental homes and multifamily buildings.
With the expansion even more properties are eligible for incentives up to $1,500 per home or apartment for energy-efficiency improvements. The program also provides incentives for comprehensive property energy assessments, prequalified home performance contractors, and third-party quality assurance for all projects provided by Advanced Energy.
The program is still available to single-family owner-occupied homes.
The Town of Chapel Hill launched WISE in March 2011 with funds from the Southeast Energy Efficiency Alliance (SEEA) and the U.S. Department of Energy (DOE). To date the program has incentivized 91 residential energy efficiency improvement projects, estimated to save homeowners, on average, 25 percent in energy consumption and $561 per year on their energy costs. The efficiency gains improve the comfort of homes; improve the health of the homes through improved air quality; help property owners reduce their utility costs; and reduce greenhouse gas emissions to improve the health and sustainability of the Chapel Hill community.
“This is a great opportunity for property owners in Chapel Hill,” said Nora Barger, senior consultant at Clean Energy Solutions Inc. and Chapel Hill WISE program manager. “Now anyone who owns rental property in the Town limits has the opportunity to improve the energy efficiency, reduce the utility costs and ultimately help maintain affordability for tenants.”
The program expansion is made possible by the award of additional funds totaling $780,000, from SEEA. The award was provided due to the excellent program performance to date.
The rental and multifamily program is a pilot program and may end at any time. Sign up at wiseprogram.info
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