Keep tenants comfortable and maintenance costs low
Energy efficiency is a proven way to save money and boost the appeal of your single-family rental property. Energy-saving upgrades can lower maintenance costs for older, failing equipment, increase tenant comfort and retention, and improve your ability to quickly fill vacant properties. Work with a qualified Energy Trust trade ally contractor on eligible projects and receive increased incentives as a discount on your invoice.
If you own a duplex, triplex, fourplex or other multifamily rental property in Oregon, view available cash incentives.
Establish your eligibility.Read More >
If you live in Oregon, you must heat your rental property with electricity or natural gas provided by Portland General Electric, Pacific Power, NW Natural, Cascade Natural Gas or Avista.
If you live in Washington, you must heat your rental property with natural gas provided by NW Natural.
Only detached single-family rental properties are eligible for these incentives. Multifamily properties do not qualify, but are eligible for different incentives.
Please see the Details tab for additional requirements.
Select an Energy Trust trade ally contractor trained to provide Instant Incentives.
To receive an Energy Trust cash incentive, contact a qualified Energy Trust trade ally contractor.
After installation, your contractor will submit your signed incentive application.
Your contractor will deduct your incentive amount from your invoice, reducing your out-of-pocket expenses. You are responsible for paying the balance of the invoice. Your contractor will then submit all required paperwork to Energy Trust on your behalf, and Energy Trust will reimburse your contractor directly for these incentives.
The following incentives are available for single-family and manufactured home rental properties. Energy Trust offers different incentives for multifamily rental properties.
|Ductless heat pump*||$1,000 or more per residential structure||
HSPF 9.0 or greater. Compressor must be inverter driven. Incentive only available for homes replacing electric resistance heat or electric furnace as primary heat source of home. One incentive available per single-family residential structure.
|Ducted heat pump||$1,000||
HSPF of 8.5 or greater. Must replace electric resistance heat (baseboard, wall heaters, electric furnace) as primary heat source. Additional incentives are also available for installing new heat pump controls.
|Heat pump water heater||$375||
Eligible models must meet Northwest Energy Efficiency Alliance’s Advanced Water Hear Specification Tier 3 and replace an existing electric water heater to qualify.
*Through September 30, 2020, single-family rental properties across Oregon may be eligible for a special promotional price and increased incentive between $1,750-$2,000 on a ductless heat pump professionally installed in the living room. Work with one of our participating trade allies and incentives will be paid directly to your contractor who will deduct the incentive amount from your invoice, reducing your out-of-pocket costs to $2,500 or less.
Oregon and Washington
|Attic insulation||$0.50 per sq. ft.||
If R-11 or less, insulate to R-38. A UL-listed carbon monoxide detector must be installed when a combustion appliance exists in the home, garage or other attached space. Manufactured homes are not eligible for this incentive.
|Wall insulation||$0.50 per sq. ft.||
If R-4 or less, insulate to R-11 or fill cavity. A UL-listed carbon monoxide detector must be installed when a combustion appliance exists in the home, garage or other attached space. Manufactured homes are not eligible for this incentive.
|Floor insulation||$0.40 per sq. ft.||
If R-0, insulate to R-30 or fill cavity. A UL-listed carbon monoxide detector must be installed when a combustion appliance exists in the home, garage or other attached space.
90% AFUE or greater. Must be home’s primary heat source. A CO monitor is required on every floor with a bedroom. Small multifamily properties (duplex, triplex, fourplex, condo, townhome) in Washington are also eligible.
†Get a $100 bonus discount, on top of standard discounts, for a total discount of $650 when you install a qualifying gas furnace in a single-family rental property in Washington between June 1 and December 31, 2019. Make sure to enter code FURNACE100 when applying online or on the incentive application 320WA.
Single-Family Rental Properties
Increased cash incentives are available to landlords and property managers of single-family homes. To qualify for the instant cash incentive, owners of single-family or manufactured home rental properties must hire a participating Instant Incentive Energy Trust trade ally contractor trained to provide services for rental properties. Homes cannot be owner occupied.
If you own an individual condominium unit, townhome, duplex, triplex or fourplex, view available cash incentives.
Give us a call at 1.866.368.7878.