Your Energy Efficiency Experts
Financing Options
Improving the energy performance of your home makes sense – it helps reduce your utility bills while increasing the value of your home. It can also improve your health and reduce your carbon footprint.
Green
Mortgages
Don't think you can benefit from a "Green Mortgage"? We'll prove you wrong.
Though the general public is just now becoming aware of green mortgages,
they've actually been around for decades. They are also referred to as
Energy Efficient Mortgages or Energy Improvement Mortgages.
A green mortgage allows you to roll in the costs of making specific energy
saving improvements to the home you are building or purchasing. This will,
of course, increase your monthly mortgage payment but since because these
improvements will drastically lower your energy, gas and water consumption,
your monthly utilities will decrease even more so than your mortgage,
thus saving you money every month.
Besides lowering your total monthly bills, you will be eligible to receive
tax credits from the federal and local governments for many of your improvements.
You properties resale value may actually increase due to the improvements
and having an energy efficient home will make the home more attractive
to potential home buyers should you decide to sell your home.
Green Mortgages Lower your Monthly Bills
| Non- Energy Efficient Home | Energy Efficient Home | |
| Purchase Price | 200,000 | 200,000 |
| Loan amount | 200,000 | 209,000 |
| Interest | 5.85% | 5.85% |
| Monthly Payment | 1179.88 | 1232.98 |
| Total Avg Utility Bills | 265.00 | 111.00 |
| Total Monthly Expenses | 1,444.88 | 1,343.98 |
| Monthly Savings: | $ 100.90 | |
| Yearly Savings: | $ 1,210.80 |
Individual monthly savings will differ depending on the degree of the
property's energy efficiency. We've seen instances where the home energy
efficiency improvements have led to monthly savings of $400 and greater.
Adding energy features such as solar panels and even residential wind
turbines have allowed some green mortgage holders to be free of monthly
electric bills altogether. Some companies will even pay you if your home
generates more electricity than you use by giving the unused portion back
to the grid.
Energy Efficient homes not only save you money, they are healthier to
live in too.
FHA's Energy Efficient Mortgage program (EEM) - helps homebuyers or homeowners save money on utility bills by enabling them to finance the cost of adding energy efficiency features to new or existing housing as part of their FHA insured home purchase or refinancing mortgage. Read More
203K Mortgage - enables homebuyers and homeowners to finance, both the purchase (or refinancing) of a house and the cost of its rehabilitation through a single mortgage or to finance the rehabilitation of their existing home. Read More
Golden State Energy Consultants has relationships with a number of local banks and can assist customers with finding the best loan package for their situation.
Energy
Efficient Mortgage HERS Rating
The first step in obtaining an EEM Mortgage is to see what improvements qualify for financing. EEM Mortgage providers require that a certified HERS Rater perform an Energy Analysis of the home in its current condition. The HERS Rater uses a software program to figure out which energy efficient upgrades provide the most return on investment. You can then make decisions as to what improvements to include in your mortgage.
Golden State Energy Consultants can provide the HER Rating services for
your EEM Mortgage and help you make the right energy efficient choices
to upgrade your house. We have helped many home buyers with our professional
services since 1999.
Energy Efficient Mortgage Program
Click here for information on the Energy Efficient Mortgage ProgramWhat Upgrades are Covered?
Insulation-Attic, Walls, & Floor
Heating & Cooling Systems
Energy Efficient Windows
Duct System Repairs
Building Leakage Repairs
Water Heaters & More
For more information about the services we provide or to schedule
an appointment please call us at 800.441.0804
Find the latest rebates and tax incentives for energy improvements and products
in your area.
If your home is over seven years old, have your ducts professionally tested by a certified Home Energy Rating System (HERS) technician. Duct testing is also advisable whenever heating and air conditioning units undergo a diagnostic tune-up.
Title 24 Compliance
If you need Title 24 energy compliance documentation, you have come to the right place. Whether you have a residential or commercial project, we have the knowledge and expertise to provide the most cost effective solutions for any project of any size.
Professional energy auditors use blower door tests to help determine a home's airtightness. These are some reasons for establishing the proper building tightness:(1) Reducing energy consumption due to air leakage.
Infrared Scanning
Thermography measures surface temperatures by using an Infrared camera. This tool see’s light that is in the heat spectrum. Images on the camera show the temperature variations of the building’s skin, ranging from lighter colors for warm regions to darker colors for cooler areas.