The State of Hawaii has a mail-in rebate program to help residents replace older, inefficient appliances with ENERGY STAR® qualified appliances.
The program, to be run through Hawaii’s utilities, is tentatively scheduled to begin in April 2010, and will continue until funds are depleted. Eligible products include only refrigerators at this time. Residents must include both the new appliance sales receipt and proof that the replaced products were removed and recycled.
More than 70% of the energy used in our homes is for appliances, refrigeration, space heating, cooling, and water heating. Replacing old appliances and equipment with those that are ENERGY STAR® labeled can help Hawaii Kai families save significantly on their utility bills.
Read more on energy efficiency at Energy Savers.gov. There are many ways to save. For instance:
The Energy-Efficient Mortgage Program is one of many Federal Housing Authority programs that insure mortgage loans to encourage lenders to make mortgage credit available to borrowers, such as first-time homebuyers, who would not otherwise qualify for conventional loans on affordable terms.
Energy efficient homes may qualify for mortgages that take into account a home's efficiency. Residential Energy Services Network (RESNET) provides information on home energy rating systems, energy efficient mortgages, and finding certified energy raters and lenders who know how to process energy efficiency mortgages.
2 more informative sites: Refinancing for Energy-Efficiency Improvements, an overview of refinancing to make energy efficiency improvements, from the Alliance to Save Energy, and Financing an Energy Efficient Home, with an overview of energy-efficient financing programs from mortgages to home improvement loans.
Start with an Energy Audit of your home and learn how to save money and live Greener, benefiting our Hawaii Kai environment.
Barbara Abe, Realtor