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Want to stand out in today’s market?
You can, with Home Advantage from Progress Energy. You can offer the energy efficient homes today’s buyers want, plus get cash incentives from Progress Energy.
Sell More Homes
Energy-efficient homes are in demand. That’s because they save your customers money, provide greater comfort and help protect the environment by using less energy.
Home Advantage homes are ENERGY STAR certified making them at least 15 percent more energy efficient than standard homes. They also enjoy a 5 percent Progress Energy discount for the life of the house.
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Energy efficiency pays off for your customers and can be your competitive advantage in today’s challenging market. You can illustrate to potential buyers how the slightly higher cost of efficiency upgrades is more than offset by energy savings. For example:
If you add $1,500 for energy-efficiency upgrades to the cost of a $200,000 home:
- The mortgage goes up by just $9/month, assuming a fixed 30 year, 6 percent mortgage.
- The monthly utility bills could come down by at least $31/month *.
- That's a savings of $22 per month in the first month of ownership.
- The homeowner could ultimately save at least $264 a year.
* Building America/DOE example of typical savings
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Use ENERGY STAR’s online calculator, HomeCalc, to give potential buyers a true snapshot of how ENERGY STAR homes can cost less to own.
Get Cash Back
Home Advantage rewards you for building ENERGY STAR Homes. Cash rebates are available to builders or developers of new single family, multifamily, high-rise multifamily dwellings and manufactured housing. Incentives are also available for additional energy-efficiency measures, as well as advertising and sales support.
See the charts below for program requirements and incentive details:
Builder Incentives for Single Family, Multifamily and High-Rise Multifamily Homes**
| Measure |
Rebate per Dwelling |
Details |
| ENERGY STAR Qualified New Home |
$400 |
HVAC must meet minimum rating of 14 SEER |
| Enhanced HVAC options for ENERGY STAR HOMES:
-Air to Air Heat Pump
-Central AC
-Geothermal Heat Pump
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$300 per unit*
$300 per unit*
$600 per unit*
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15 SEER or higher
15 SEER or higher
17 EER or higher
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| Cooperative Advertising |
$50/dwelling |
50% match up to $50/dwelling |
* maximum of two (2) units/dwelling
** Though ENERGY STAR is currently unavailable to high-rise multifamily units (greater than three stories), Progress Energy will provide full rebates to builders whose projects meet the intent of the ENERGY STAR builder option package for their climate zone and the Home Advantage program criteria.
Incentives for Manufactured Housing Manufacturers and Retailers
| Measure |
Rebate per Dwelling |
Details |
| ENERGY STAR Qualified |
$300 |
HVAC must meet minimum rating of 14 SEER |
| Sales Lot Incentive |
$100 |
For selling ENERGY STAR Manufactured home |
| Enhanced HVAC options for ENERGY STAR Homes:
-Air to Air Heat Pump
-Central AC
-Geothermal Heat Pump
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$300 per unit*
$300 per unit*
$600 per unit*
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15 SEER or higher
15 SEER or higher
17 EER or higher
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| Cooperative Advertising |
$50/dwelling |
50% match up to $50/dwelling |
* maximum of two (2) units/dwelling
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