Rewards for Central Corridor Landlords
Landlords in select Central Corridor neighborhoods [AREA MAP] can receive maximum cash rebates for the qualified energy improvements they make on their residential properties.
The process starts with an energy audit. The auditor's detailed attic insulation and air sealing specifications will be used to collect bids. Once insulation is installed and inspected, the landlord can receive a $350 Energy Wise Rental Rebate, plus an Xcel Energy rebate for 20% of the total project cost, up to $300.
Landlords who complete at least three prescribed energy improvements in addition to insulation and air sealing can take part in Xcel Energy’s Home Performance program. The Energy Wise Rental rebate for these landlords is $750, plus hundreds of dollars in additional rebates from Xcel Energy depending upon the number and type of additional measures installed.
As a further incentive, landlords who undertake to make their properties very efficient by implementing multiple advanced efficiency measures will receive an Energy Wise Rental Web badge and sign to display on their building.
Energy Wise Rental Rebate Rules
Available for 1 – 4 unit buildings located in the Central Corridor participation area.
- Landlords are charged $60 for an Xcel Energy Home Energy Audit. The charges will be posted to their personal Xcel Energy account, unless the Landlord is listed on the subject property’s account. If Landlord does not have an Xcel Energy account, they agree to reimburse their tenant for the $60 audit cost.
- Landlords must choose from a list of participating installation contractors.
- All projects are subject to a post-installation health and safety inspection.
- Participation in Xcel Energy’s Home Performance program requires additional steps.
- In order to receive an Energy Wise Rental Web badge and building sign, landlords must meet the following energy standards:
- Attic insulated to R-50
- Dense packed wall insulation
- 20% air leakage reduction
- Heating system efficiency rating 90+
- Power or direct vented water heater with a EF of .65 or higher
- Pass health and safety testing, including CAZ test
- Building ventilation/air flow standards per ASHRAE 62.2
- Limit one (1) Energy Wise Rental rebate per property; limit five (5) rebates per landlord.
- Funds are limited and will be disbursed on a first-come, first-served basis.
Get Started
Enroll in the program by calling Danielle at the Neighborhood Energy Connection: 651.221.4462 X 136.
The Energy Wise Rental Rebate pilot program is made possible by the McKnight Foundation.
