| New England Energy Audit Attention: Maine Landlords |
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GIFT OF GREEN PROGRAM
SAMPLE COUPON - CLICK TO VIEW SAMPLE COUPON ENTITLING THE HOLDER
TO BE REIMBURSED $350.00 FOR A HOME ENERGY AUDIT AND $150.00 FOR A
FOLLOW-UP BLOWER DOOR TEST, ONCE THE WORK IS COMPLETED.
What is the benefit of a home energy audit?
Homeowners who make improvements identified in a home energy audit typically
reduce energy consumption by 15% to 20% annually. A Maine certified energy
auditor can help you identify those home energy improvements that will provide the
most energy savings per dollar spent.
Even if you have a new home, you can benefit from a home energy audit and energy
efficiency improvements. Home energy efficiency depends not just on the products
used in your home – such as the amount and type of insulation – but also on how
the products are installed.
A quality energy audit involves using an infrared camera and a blower door - tools
that allow the auditor to find the biggest places where air is leaking into or out of
your home.
Reevaluating your home with a blower door after home energy improvements are
made helps you see how much of a difference the home energy improvements have
made – and also to identify any areas that could use additional improvement.
HELP LOAN - Click for more information from the Maine Housing site.
Maine Housing’s Home Energy Loan Program (HELP) offers loans at a low fixed rate
of only 3.95% (4.194%APR*) for home improvements that increase home energy
efficiency. Loan amounts range from $2,800 to $30,000, with loan terms of up to 15
years. (Rates and terms are subject to change.)
For loans repaid over 15 years, the monthly payment would be $7.37 for every
$1,000 borrowed.
There is no down payment on a HELP loan. A property appraisal may be required,
but often is not.
HELP loans may be used to finance:
* Home energy audits
* Insulation, air sealing, and weather stripping
* Heating system repair or replacement
* Energy Star rated windows and appliances
* Storm doors and storm windows
* Ventilation and moisture controls
* Roof repairs (if attic is insulated to a minimum R38 value)
Heating system improvements may include furnace cleaning and tune-ups,
replacement burners and/or fuel storage tanks, and replacement systems and
supplemental heating systems if they meet certain efficiency standards. Efficient
wood stoves, wood pellet systems, geothermal heat pumps, and solar thermal hot
water systems are among the possible heating system improvements.
HELP Loans are approved ENERGY STAR® mortgages, which means they generally
yield 20% or more in energy savings and provide a financial incentive to the
borrower.
*The APR is the cost of credit stated as a yearly rate. The above APR is based on a
15-year term, and includes the cost of an energy audit, title update, credit report,
and recording fee. If the property needs an appraisal, the APR would be higher.
LANDLORD/TENANT ENERGY EFFICIENCY PROGRAMS
Are you a landlord in the state of Maine? If so are you familiar with LD2074, which
requires the landlord to disclose the energy consumption of the unit being rented.
Click here to obtain a copy of the disclosure form.
According to LD2074 a landlord is required to disclose whether the rental unit meets
or does not meet the minimum energy efficiency guidelines suggested for rental
units.
So what are the minimums?
Heating System - 82%
Insulation
Walls
Ceiling/Attic
Floors
Basement Walls
Windows and Doors
Appliances
LD2074 tells the tenant they have a right to obtain a 12 month history on electricity
and natural gas. This is a tough one because individual behavior is a big part of
usage.
Like it or not, it is a requirement in the state of Maine. Call us for an Energy Audit to
insure that you meet the "minimum energy guidelines". Updating your rental units
can lead to savings for you if you provide the utilities or make it easier to obtain new
tenants and retain them. Many landlords do lose tenants due to high utility costs,
which is often due to inadequate insulation, air leakage, etc.
SAMPLE COUPON - CLICK TO VIEW SAMPLE COUPON ENTITLING THE HOLDER
TO BE REIMBURSED $350.00 FOR A HOME ENERGY AUDIT AND $150.00 FOR A
FOLLOW-UP BLOWER DOOR TEST, ONCE THE WORK IS COMPLETED.
What is the benefit of a home energy audit?
Homeowners who make improvements identified in a home energy audit typically
reduce energy consumption by 15% to 20% annually. A Maine certified energy
auditor can help you identify those home energy improvements that will provide the
most energy savings per dollar spent.
Even if you have a new home, you can benefit from a home energy audit and energy
efficiency improvements. Home energy efficiency depends not just on the products
used in your home – such as the amount and type of insulation – but also on how
the products are installed.
A quality energy audit involves using an infrared camera and a blower door - tools
that allow the auditor to find the biggest places where air is leaking into or out of
your home.
Reevaluating your home with a blower door after home energy improvements are
made helps you see how much of a difference the home energy improvements have
made – and also to identify any areas that could use additional improvement.
HELP LOAN - Click for more information from the Maine Housing site.
Maine Housing’s Home Energy Loan Program (HELP) offers loans at a low fixed rate
of only 3.95% (4.194%APR*) for home improvements that increase home energy
efficiency. Loan amounts range from $2,800 to $30,000, with loan terms of up to 15
years. (Rates and terms are subject to change.)
For loans repaid over 15 years, the monthly payment would be $7.37 for every
$1,000 borrowed.
There is no down payment on a HELP loan. A property appraisal may be required,
but often is not.
HELP loans may be used to finance:
* Home energy audits
* Insulation, air sealing, and weather stripping
* Heating system repair or replacement
* Energy Star rated windows and appliances
* Storm doors and storm windows
* Ventilation and moisture controls
* Roof repairs (if attic is insulated to a minimum R38 value)
Heating system improvements may include furnace cleaning and tune-ups,
replacement burners and/or fuel storage tanks, and replacement systems and
supplemental heating systems if they meet certain efficiency standards. Efficient
wood stoves, wood pellet systems, geothermal heat pumps, and solar thermal hot
water systems are among the possible heating system improvements.
HELP Loans are approved ENERGY STAR® mortgages, which means they generally
yield 20% or more in energy savings and provide a financial incentive to the
borrower.
*The APR is the cost of credit stated as a yearly rate. The above APR is based on a
15-year term, and includes the cost of an energy audit, title update, credit report,
and recording fee. If the property needs an appraisal, the APR would be higher.
LANDLORD/TENANT ENERGY EFFICIENCY PROGRAMS
Are you a landlord in the state of Maine? If so are you familiar with LD2074, which
requires the landlord to disclose the energy consumption of the unit being rented.
Click here to obtain a copy of the disclosure form.
According to LD2074 a landlord is required to disclose whether the rental unit meets
or does not meet the minimum energy efficiency guidelines suggested for rental
units.
So what are the minimums?
Heating System - 82%
Insulation
Walls
Ceiling/Attic
Floors
Basement Walls
Windows and Doors
Appliances
LD2074 tells the tenant they have a right to obtain a 12 month history on electricity
and natural gas. This is a tough one because individual behavior is a big part of
usage.
Like it or not, it is a requirement in the state of Maine. Call us for an Energy Audit to
insure that you meet the "minimum energy guidelines". Updating your rental units
can lead to savings for you if you provide the utilities or make it easier to obtain new
tenants and retain them. Many landlords do lose tenants due to high utility costs,
which is often due to inadequate insulation, air leakage, etc.
| PUBLIC Law, Chapter 534 SIGNED on 2006-04-04 - Second Regular Session - 122nd Legislature - Get Text: MS-Word, RTF | PDF LR 3180 Item 1 An Act Regarding Energy Efficiency Standards for Residential Rental Properties Be it enacted by the People of the State of Maine as follows: Sec. 1. 14 MRSA §6030-C is enacted to read: § 6030-C. Residential energy efficiency disclosure statement 1. Energy efficiency disclosure. A landlord or other lessor of residential property that will be used by a tenant or lessee as a primary residence shall provide to potential tenants or lessees a residential energy efficiency disclosure statement in accordance with Title 35-A, section 10006, subsection 1 that includes, but is not limited to, information about the energy efficiency of the property. 2. Provision of statement. A landlord or other lessor shall provide the residential energy efficiency disclosure statement required under subsection 1 in accordance person who requests the statement in person and shall post the statement in a prominent location in a property that is being offered for rent or lease. Before a tenant or lessee enters into a contract or pays a deposit to rent or lease a property, the landlord or lessor shall provide the statement to the tenant or lessee, obtain the tenant’s or lessee’s signature on the statement and sign the statement. The landlord or lessor shall retain the signed statement for a minimum of 7 years. Sec. 2. 35-A MRSA §10006 is enacted to read: § 10006. Energy efficiency of rental properties 1. Residential energy efficiency disclosure statement. The commission and the Maine State Housing Authority shall prepare a residential energy efficiency disclosure statement form for landlords and other lessors of residential properties to use to disclose to tenants and lessees information about the energy efficiency of the property in order to comply with Title 14, section 6030-C. The commission and the Maine State Housing Authority shall post and maintain the statement required by this subsection on the Internet in a format that is easily accessible by the public. 2. Suggested energy efficiency standards. The commission and the Maine State Housing Authority shall prepare suggested energy efficiency standards for landlords and other lessors of residential property that is used by the tenant or lessee as a primary residence. The commission and the Maine State Housing Authority shall post and maintain the standards required by this subsection on the Internet in a format that is easily accessible by the public. Sec. 3. Report. The Public Utilities Commission shall prepare and submit a report to the joint standing committee of the Legislature having jurisdiction over utilities and energy matters before January 1, 2008 that provides the commission’s assessment of whether the requirements of the Maine Revised Statutes, Title 14, section 6030-C are achieving the purposes of informing prospective tenants of the energy efficiency characteristics of residential properties used as primary residences. The commission also shall include in its report an assessment of whether the form that the commission and the Maine State Housing Authority submitted on January 31, 2006 to the Joint Standing Committee on Utilities and Energy as part of its report pursuant to Resolve 2005, chapter 109 and that, with changes suggested by the committee, will be used as the disclosure statement under Title 35-A, section 10006, subsection 1, requires adjustments to achieve the purposes of Title 14, section 6030-C. |
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