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City of Bloomington offers incentives for homeowners investing in solar and energy efficiency

The city also offers incentives for installing energy-efficient appliances and home insulation.

Introduction

Bloomington, a vibrant college town in Indiana, is taking a proactive approach to reducing its carbon footprint and promoting sustainable living. The city has implemented a range of incentives to encourage residents to invest in renewable energy and energy-efficient upgrades.

Eligible Homeowners Can Receive Rebates and Tax Credits for Energy-Efficient Upgrades.

Eligibility Criteria for BGHIP

To be eligible for the Bloomington Green Home Improvement Program (BGHIP), homeowners must meet the following criteria:

  • Be a resident of Bloomington, Indiana
  • Own and occupy their home
  • Have a moderate to low income
  • Meet the program’s energy efficiency standards
  • Not have received a rebate from the program in the past 5 years

    • Program Benefits

    The BGHIP offers several benefits to eligible homeowners, including:

  • Rebates for energy-efficient upgrades
  • Tax credits for energy-efficient home improvements
  • Access to low-interest financing options
  • Expert guidance and support from program staff

    • Program Requirements

    To participate in the BGHIP, homeowners must meet the following requirements:

  • Submit an application and supporting documentation
  • Receive approval from the program staff
  • Complete energy-efficient upgrades and installations
  • Submit final documentation and payment

    • Program Timeline

    The BGHIP is available on a first-come, first-served basis, and funding is limited. Homeowners are advised to apply for the rebate prior to beginning work to ensure funding is available.

    Program Staff and Resources

    The BGHIP is administered by the City of Bloomington’s Department of Community Development.

    This initiative aims to support low-income households in purchasing energy-efficient appliances and home improvements.

    The Partnership and Benefits

    The City of Bloomington has formed a unique partnership with two local credit unions, Clean Energy Credit Union and Hoosier Hills Credit Union, to provide low-interest loans to low-income households. This collaboration aims to make energy-efficient upgrades more accessible to those who need it most. Key benefits of the partnership include:

  • Lower interest rates
  • Increased access to energy-efficient appliances and home improvements
  • Support for low-income households

    • How the Program Works

    The program is designed to support low-income households in purchasing energy-efficient appliances and home improvements. The 0.5% bought-down interest rate is a significant reduction in the standard interest rate, making it more affordable for households to make these upgrades. The program is open to BGHIP rebate recipients

  • The loans are offered by Clean Energy Credit Union and Hoosier Hills Credit Union
  • The 5% bought-down interest rate is applied to the standard interest rate

    • Eligibility and Application Process

    To be eligible for the program, households must meet certain criteria, including:

  • Being a BGHIP rebate recipient
  • Meeting income guidelines
  • Owning a primary residence in Bloomington
  • The application process is as follows:
  • Submit an application through the City of Bloomington’s website
  • Provide required documentation, including proof of income and residency
  • Review and approval of the application

    • Conclusion

    The partnership between the City of Bloomington, Clean Energy Credit Union, and Hoosier Hills Credit Union is a significant step forward in making energy-efficient upgrades more accessible to low-income households. By offering lower interest rates and increased access to energy-efficient appliances and home improvements, this program aims to improve the energy efficiency and comfort of homes in Bloomington.

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