EnergyWorks: Making energy efficiency improvements affordable

by June Portnoy

EnergyWorks is a five-county (Bucks, Montgomery, Chester and Delaware and Philadelphia) energy efficiency improvement and lending program established in 2010.

“We are one of 25 communities to receive funding from the Department of Energy to make this program possible,” says Katherine Gajewski, Director of EnergyWorks.

EnergyWorks makes low-interest loans available for residential and commercial energy efficient improvements.

“This program also enables you to make an investment in your home, your largest purchase, so you can save on energy use and bills while making your home feel more comfortable,” says Katherine.

Prior to EnergyWorks, trying to find a certified contractor to conduct an audit, complete energy efficiency work, and locate energy efficiency funding was a complicated process.

“There was no program in this region that brought all the pieces of the puzzle together,” says Katherine. “Thanks to EnergyWorks, we have created one-stop shopping to handle your energy-efficiency and financing needs.”

EnergyWorks partners, The Reinvestment Fund (TRF), the Philadelphia Industrial Development Corporation, AFC First Financial, the Keystone HELP Program and the Energy Coordinating Agency (ECA), offer the technical and financial expertise to make successful residential and commercial upgrades easy to complete.

To get started, simply go to EnergyWorks’ web site at www.energyworksnow.com to complete a form. A program representative will follow up with you within 24 hours. You will be assigned one of over 100 certified contractors in the area to come to your home to conduct an audit. While audits typically cost around $400, EnergyWorks will charge you a discounted price of just $150.

“Most people contact EnergyWorks because their home feels uncomfortable, their energy bills are too high, or they anticipate their energy bills increasing,” says Tom Wells, Certified EnergyWorks Contractor from Thomas G Wells Construction, LLC in Levittown.

“I called EnergyWorks because my house was very drafty,” says Robert from Upper Makefield. “When the wind was strong, you could feel it throughout the house, especially around the doors.”

“I was concerned about the high costs associated with heating my home with oil,” says Anne Sears from Yardley.

“I begin each audit by doing a walk through the house to get a sense of the layout of the home,” says Tom Wells. “I look at each part of the house from the basement to the attic to see where it is missing insulation, how well it is installed and how thick the insulation is.”

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EnergyWorks: Making energy efficiency improvements affordable

by June Portnoy

EnergyWorks is a five-county (Bucks, Montgomery, Chester and Delaware and Philadelphia) energy efficiency improvement and lending program established in 2010.

“We are one of 25 communities to receive funding from the Department of Energy to make this program possible,” says Katherine Gajewski, Director of EnergyWorks.

EnergyWorks makes low-interest loans available for residential and commercial energy efficient improvements.

“This program also enables you to make an investment in your home, your largest purchase, so you can save on energy use and bills while making your home feel more comfortable,” says Katherine.

Prior to EnergyWorks, trying to find a certified contractor to conduct an audit, complete energy efficiency work, and locate energy efficiency funding was a complicated process.

“There was no program in this region that brought all the pieces of the puzzle together,” says Katherine. “Thanks to EnergyWorks, we have created one-stop shopping to handle your energy-efficiency and financing needs.”

EnergyWorks partners, The Reinvestment Fund (TRF), the Philadelphia Industrial Development Corporation, AFC First Financial, the Keystone HELP Program and the Energy Coordinating Agency (ECA), offer the technical and financial expertise to make successful residential and commercial upgrades easy to complete.

To get started, simply go to EnergyWorks’ web site at www.energyworksnow.com to complete a form. A program representative will follow up with you within 24 hours. You will be assigned one of over 100 certified contractors in the area to come to your home to conduct an audit. While audits typically cost around $400, EnergyWorks will charge you a discounted price of just $150.

“Most people contact EnergyWorks because their home feels uncomfortable, their energy bills are too high, or they anticipate their energy bills increasing,” says Tom Wells, Certified EnergyWorks Contractor from Thomas G Wells Construction, LLC in Levittown.

“I called EnergyWorks because my house was very drafty,” says Robert from Upper Makefield. “When the wind was strong, you could feel it throughout the house, especially around the doors.”

“I was concerned about the high costs associated with heating my home with oil,” says Anne Sears from Yardley.

“I begin each audit by doing a walk through the house to get a sense of the layout of the home,” says Tom Wells. “I look at each part of the house from the basement to the attic to see where it is missing insulation, how well it is installed and how thick the insulation is.”

[Read more...]

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“Turn Words into Action, Turn Action Into Results!” EnergyWorks Community Workshops

Celebrate Energy Awareness Month in October with EnergyWorks at FREE Informative Community Workshops. “Turn Words into Action, Turn Action Into Results!”

Saturday, October 15th @11am-Noon
Bucks County: Doylestown District Center Library, 150 South Pine Street, Doylestown
 
Did you know that icicles, spider webs and infrared lights are key indicators of energy inefficiency in your home? Learn how to conduct your own, preliminary home energy assessment and prepare for winter at FREE educational workshops in your community…
 
EXPERTS WILL PROVIDE VALUABLE ENERGY SAVING TIPS TO:

  • Ready your home for winter
  • Create comfort for your family
  • Improve energy efficiency
  • Reduce your carbon footprint
  • Save money on utility bills

PLEASE RSVP: 215-317-7775

EnergyWorks is a program of the Metropolitan Caucus, a coalition of County Council members and Commissioners from Bucks, Chester, Delaware, and Montgomery Counties and the Mayor of Philadelphia. EnergyWorks is supported by a grant from the U.S. Department of Energy’s Better Buildings Program.

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Workshop offers financing options on energy efficient improvements

by June Portnoy

On Wednesday, September 21st, The Lower Bucks County Chamber of Commerce hosted a Successful Energy Projects Workshop in the Fulton Bank Financial Series 2011. Chuck Evans, Managing Director of the South Eastern Economic Development Company of PA (SEEDCOPA) spoke about various government energy financing options. He explained how SEEDCOPA can assist in applying for a United States Small Business Administration (SBA) 504 loan.

The “504” is the Economic Development Program of the U.S. Small Business Administration. The Energy Independence and Security Act of 2007 was passed to move this country toward greater energy independence and security. The three new public policy goals included in this act include reducing energy use 10%, sustainable design, and renewable energy production.

There is a new $5 million maximum for all 504 projects and a $5.5 million maximum for manufacturers of energy efficiency projects. For an existing company, a maximum of 40% of the project cost can be obtained through SBA 504 or $1,500,000, whichever is less. The loan carries a fixed rate of interest with a term of 20 years for real estate and 10 years for equipment. It is typically secured by a second lien.

In general, 50% of the project costs come from a private financial institution.  This is a conventional bank loan secured by a first lien on the assets. The bank provides interim financing to the applicant from the date of settlement until the SBA 504 debenture is sold. A minimum of 10% comes from equity.

Chuck discussed the SBA 7A, another option for small business clients wanting a loan for energy efficient improvements. When taking advantage of this loan, SBA guarantees up to 75% of the amount of a loan up to $5 million. The SBA guarantee enables a lending institution to entertain a loan it might not otherwise, due to collateral and/or existing cash flow. Prior to packaging on SBA 7A Guarantee application, SEED requires that a commitment letter stating that financing will be provided subject to an SBA guarantee. The guaranteed loan term is 20 years for a SBA 504 versus 25 years for an SBA 7A.

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EnergyWorks enables area homeowners to enjoy stress-free vacations

Few things unravel a weekend ‘down the shore’ like wondering whether you’ll come home to a broken air conditioner.

Homeowners who make energy-efficient upgrades through the EnergyWorks program can relax and play a bit longer in the sand. They’ve likely sealed their homes to better retain cooled air, making the wait for a repair technician tolerable.

If you’re unsure what a blown AC or even a power outage, planned or unplanned, could mean for your family’s comfort, the EnergyWorks program can help.

EnergyWorks is a program that brings together all available rebates, tax credits, and low-interest loans with the expertise of certified building analysts and qualified contractors to make home energy efficiency upgrades more affordable and accessible than ever.

According to EnergyWorks partner, Jack Strong, Manager of Smart Energy Solutions at the Energy Coordinating Agency (ECA), easy ways to immediately cut energy usage and costs are:

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