New Home Rebate
Building a New Home? Make it Energy Efficient and All-Electric and Receive a Rebate!
New homes that are all-electric* and are built according to the qualifying standards will receive a free home inspection to ensure that your home's construction meets the energy right standards. You will also receive a $100 credit on your electric bill.
*Duel fuel heat pumps and gas logs are acceptable.
An Energy Services Technician will determine a home's energy efficiency rating using the Home Energy Rating System Software. Ratings are based on the energy efficiency of the heat pump, insulation, windows, doors, etc.
The energy right new Homes Program allows homeowners and builders to use their choice of heating and air contractors, however heat pumps must meet TVA standards for the home to qualify.
To be eligible for the $100 rebate, the home owner or builder must complete and submit a "Request for Inspection" form for the energy right New Home Program after your home has passed the final electrical inspection. You may obtain this form at your local SVEC office or download it here.
Qualifying Standards for the energy right New Homes Program
If possible, a homeowner or builder should contact us before construction begins in order to ensure the home will qualify for a rebate.
Earn an Extra $100 credit!
Install a high efficiency water heater with a lifetime tank warranty in your new home and you could qualify for an EXTRA $100 credit!
- A dated receipt for the water heater and a "SVEC Request for energy right New Home Inspection Form" must be turned in.
- The customer will receive a $100 rebate in addition to the $100 rebate he/she receives for building an energy right home.
- Two manufacturers, Marathon and Whirlpool, currently offer lifetime warranty electric water heaters in the marketplace.
- All Marathon models, available through a Rheem/Ruud dealer, are eligible.
- The eligible Whirlpool water heaters are the "Self Cleaning with Energy Smart Control", 50 or 80 gallon models. These models can be puchased through Lowe's.
- For additional information on these water heaters you may visit the manufacturer websites, www.marathonheaters.com and Whirlpool Water Heaters
- New homes that do not have one of these water heaters but meet the minimum rating are still eligible for $100 credit on their electric bill (see above section on new home rebates).
If you have any questions on the New Home Program or the new home water heater rebate, or to get on the inspection list, you may call Joan Davis - 423-837-5045, or Cathy Black - 423-837-5044. You may e-mail your questions to jdavis@svalleyec.com or cblack@svalleyec.com.
