Electrify Your Home!
Peninsula Clean Energy is providing homeowners in San Mateo County interest-free financing and new rebates to install electric water heaters and heating and A/C equipment. For more information, visit our All-Electric Homes webpage and read below.
Zero Percent Loan program
This new program will provide interest-free financing of as much as $10,000 per home for projects that include installation of electric heat pump equipment, including water heaters and HVAC (heating, ventilation, and air conditioning) units.
The loans will range from two to 10 years and be repaid on monthly electric bills. They do not require a credit check but do require the customer to have a zero past-due balance on their previous three PG&E billing statements.
New rebates for HVAC equipment
Residents can get a $3,500 rebate for installing an electric heat pump HVAC system. If an electrical panel upgrade is required, they may get up to $1,500 to assist with that cost.
They may also qualify for a BayREN rebate of $1,000 (this requires that they work with a BayREN contractor).
Residents who participate in the California Alternate Rates for Energy (CARE) and Family Electric Rate Assistance (FERA) programs qualify for an added $1,000 rebate.
Expanded rebate for heat pump water heaters
Heat pump water heater rebates are increased to $3,000. If an electrical panel upgrade is required, they may get up to $1,500 to assist with that cost.
They may also qualify for a BayREN rebate of $1,000 (this requires that they work with a BayREN contractor).
Residents who participate in the California Alternate Rates for Energy (CARE) and Family Electric Rate Assistance (FERA) programs qualify for an added $1,000 rebate.