In-Home Energy Evaluation Program

Caney Fork Electric Cooperative 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 an upper limit of $500, or for convenient financing.

Here’s how it works

• Contact Caney Fork Electric Cooperative to arrange for an in-home energy evaluation by a TVA-certified evaluator.*

• The evaluator reviews your home and creates a report outlining the potential energy-efficiency modifications and available cash incentives or financing.

• 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.

 

Cash incentive option

No matter how many modifications are made, $500 is the maximum reimbursable amount for all approved work completed. Some modifications have lower maximum amounts, and some require distributor pre-approval (see list).

 

Eligible improvements

These items are eligible for financing of all installed recommended measures up to $20,000 and subject to credit approval or up to a 50 percent cash incentive on recommended installation measures. Some items may also be eligible for federal tax credits. For information, see fact sheets available from your distributor or the Tax Incentives Assistance Project site.

Energy Efficiency Measure Requirement Cash Incentive Financing available?
Replace windows Must meet Energy Star® requirements (officially branded with a sticker) $500 No
Storm windows Must meet energy right® requirements $500 Yes
Duct repair/ replacement & sealing
  • Existing HVAC only
  • Air distribution only
$500 Yes
Rehabilitation work Minor repair work such as broken glass, glazing or prime door replacement and Distributor pre-approval $250 Yes

Replace HVAC

  • All heat pumps included
  • Dual-fuel heat pumps
  • Air conditioning (with gas pack or gas split)
  • Must meet Energy Star requirements
  • Distributor pre-approval for dual fuel or air conditioning
$250
  • Heat  pumps
  • Dual-fuel  heat pumps
Attic insulation/ ventilation (must be nonpowered) Must meet energy right requirements (Weatherization) $500 Yes
Floor or perimeter insulation, and ground cover
  • Must meet energy right requirements (Weatherization)
  • Where allowed by Codes
$500 Yes
Exterior wall insulation
  • Knee walls only
  • R18 or greater
$500 Yes
Water heater insulation Electric only $50 Yes
Air sealing (including weatherstrip and caulk) Must meet energy right requirements (Weatherization) $500 Yes
Self-installed insulation, caulk, weatherstrip, rehabilitation (as defined above)
  • Only the cost of materials may be claimed
  • Distributor pre-approval
$250 No
HVAC tune-up Must be performed by QCN contractor. $150 Yes

Non-eligible items

The following items are not eligible for the cash incentive or financing option:

• Water heaters (including tankless)

• Clothes washers or dryers

• Dishwashers

• Refrigerators

• Insulated garage doors

• Storm doors

• Window film/solar screens

• Radiant barriers

• Room air conditioners

• Programmable thermostats (existing systems)

For more information on the In-Home Energy Evaluation Program, incentives, and financing options, call Caney Fork Electric Cooperative..