Miami-Dade County: Voluntary Energy Efficiency and Renewable Energy Program
Loans for financing energy efficiency up to 10% of the just value of the property
Learn more about this energy rebate or
find a contractor
who knows about this rebate and will help you get started.
EnergySavvy does not administer rebate programs. If you have any questions about this incentive,
please
contact the rebate program directly.
Note: The Federal Housing Financing Agency (FHFA) issued a statement in July 2010 concerning the senior lien status associated with most PACE programs. In response to the FHFA statement, most local PACE programs have been suspended until further clarification is provided. In November 2010, the Miami-Dade County Board of County Commissioners adopted Ordinance No. 10-78, creating the Voluntary Energy Efficiency and Renewable Energy Program. The program provides financing assistance for residential and commercial property owners of property located in Miami-Dade County. In order to participate in the program, the applicant must be the legal owner of the property on which the improvements will be made. In addition, the applicant must be current on any mortgage and cannot be in bankruptcy. The property may not be an asset in any bankruptcy proceeding and cannot have any federal income tax lien, judgment lien, construction lien, or similar. All property taxes must be paid and not have been delinquent for the previous three years (or the property owner's period of ownership, if less than three years).
Applications must be submitted to the county and must include a cost estimate for the installations completed by a certified contractor. The property owner must agree to a non-ad valorem assessment in order to secure a loan as part of the program. Loans are limited to 10% of the just value of the property unless the mortgage holder agrees to a higher financing amount, or the energy audit shows that the annual energy savings from the improvements would equal or exceed the annual repayment of loan. The repayment term may not exceed 20 years.
Recent Questions
Insulation for a manufactured home.
Great questions. While manufactured homes typically use considerably more energy than ...
Answered by: EnergySavvy.com
I've gotten windows, insulation and everything. And it's still drafty and cold!
The amount of glass on the main level might be contributing ...
Answered by: Midwest Energy Audits, Inc.
How do I find a Home Energy Auditor?
Good question. Since energy auditing is an emerging field, your phone ...
Answered by: EnergySavvy.com
How can I track energy usage circuit by circuit?
There are a few options to meet this need. Currently there ...
Answered by: Habitat Home Energy Specialist
What are all the tax credits and rebates for solar in New York?
Great question! These two programs are two names for the same ...
Answered by: EnergySavvy.com
What rebates will cover a 95% efficient furnace in New York State?
If you’re a National Grid customer, you may be eligible ...
Answered by: EnergySavvy.com