The Residential Energy Efficiency Program (REEP) was established to encourage homeowners to make energy efficient improvements by repairing or replacing older heating and cooling systems, water heaters, insulation, window, doors, and/or implementing other energy saving measures.
The REEP provides a means to achieving greater energy efficiency throughout the community through a low interest, low payment financing program.
Type of Eligible Property: Owner occupied single-family homes, townhouses, and manufactured homes on a permanent foundation.
Property Location: Within the City limits
Maximum Loan Amount: $15,000
Loan Terms: A 10-year term at 5% interest.
Requirements: The home must be owned and occupied by the applicant. The applicant's annual gross income may not exceed the area median income adjusted for family size as listed below:
|
Household Size |
Moderate Income
(Between 81% and 120% AMI) |
|
1 |
$54,600 |
|
2 |
$62,400 |
|
3 |
$70,200 |
|
4 |
$78,000 |
|
5 |
$84,250 |
|
6 |
$90,500 |
|
7 |
$96,700 |
|
8 |
$102,950 |
Eligible Improvements: Click here to see a list of eligible improvements
Participants must complete an energy survey and submit a REEP loan application in order to be considered for funding. City staff will perform a pre-inspection prior to determining eligibility for funding.
Participants must also obtain a minimum of two bids from licensed contractors prior to performances of any work or funding approval. Work completed before loan approval is not eligible for funding.
Click here to download the Residential Energy Efficiency Program Manual and learn more about this program.
For more information, please contact Dana Schuma at dana.schuma@cityoftemecula.org or 951-693-3928.
The REEP is funded through the American Recover and Reinvestment Act. A maximum of $250,000 has been made available for energy efficiency financing.
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