Thanks to the Summit County government, the Town of Breckenridge and the High Country Conservation Center a new home energy loan program is being unveiled to help locals make their homes more energy efficient.  The Help program (Home Energy Loan Program) provides low interest loans to property owners seeking to make energy upgrades to their residences.  Repayment is through your annual property tax bills.  According to Lynne Westerfield, energy coordinator for the Conservation Center, the loan isn’t based on your credit score or a high interest rate, as long as your property tax payments are in current status, you’re fine for a loan.   Loan amounts vary from $3,000-$20,000. 

There are a few qualifications though; you must be a full-time homeowner throughout Summit County, including those inside incorporated towns.  The loans can be used to pay for energy improvements like water heating, pellet stoves, improved insulation, air sealing, and ventilation.   

Breckenridge residents may also receive loans for renewable energy systems.  The Breckenridge loans have an income restriction of 180 percent of the area median income. (AMI)

Homeowners participating in the program will be required to prioritize upgrades or improvements identified in certified energy audits.  Various rebates are also available for the energy audits are available through state and local programs.   The HELP program is tailored to the average person who would like to make energy improvements. 

Matt Wright from the Conservation Center’s residential specialist said homes that are 15 years and older have the most to gain from energy upgrades.  Such homes have the possible potential to reduce their energy costs by up to 40%.   But even new homes can stand to benefit from energy audits and minor improvements too.