Energy Efficiency Rebates: A Win for Savannah Homeowners

Savannah Realtor David Wright on How Georgia’s New Programs Can Help You Save

The Georgia Environmental Finance Authority (GEFA) has launched two pilot programs aimed at improving home energy efficiency, offering homeowners in Savannah and across Georgia a unique opportunity to save money and reduce their environmental impact. Funded by $220 million from the Inflation Reduction Act, these programs could make a significant difference for local homeowners, especially those in Savannah’s historic and older neighborhoods, where energy efficiency upgrades are often needed most.

Why Energy Efficiency Matters for Savannah Homes

Savannah is renowned for its historic charm and beautifully preserved homes, but these older properties often come with challenges, including higher energy bills due to outdated insulation, windows, and appliances. Improving energy efficiency isn’t just about going green—it’s about keeping more green in your wallet.

Energy efficiency upgrades:

• Lower utility bills by reducing energy waste.
• Improve comfort by eliminating drafts and ensuring consistent temperatures.
• Boost home value, making your property more attractive to future buyers.
• Reduce your carbon footprint, helping Savannah remain a beautiful, sustainable place to live.

As Savannah experiences rising temperatures and energy costs, these upgrades can make a big impact on your quality of life and finances.

How the New Rebates Work

GEFA’s pilot programs are designed to make energy efficiency upgrades accessible and affordable:

1. Home Retrofit Rebates

These rebates focus on improving energy efficiency in your home through upgrades like better insulation and weatherproofing. Rebates are tiered, with larger savings available to lower-income residents.

2. Energy-Efficient Appliance Rebates

Homeowners can receive rebates for upgrading to energy-efficient appliances, such as:

• Electric stoves
• Heat pumps
• Energy-efficient water heaters

Both programs rely on approved contractors to complete the work, ensuring high-quality installations. A contractor training program is also underway to expand the list of certified professionals available to help.

The pilot phase is running now, with a full program launch expected in early 2025.

Why Now Is the Perfect Time to Invest in Your Home

With federal funding from the Inflation Reduction Act and rebates on the horizon, Savannah homeowners have a golden opportunity to tackle energy efficiency projects affordably. These upgrades not only save money on utilities but also increase your property’s value—a major consideration whether you’re a first-time buyer, long-time owner, or considering selling your home.

As a local Realtor and licensed mortgage officer (with Mutual of Omaha Mortgage), I’m here to guide you through the benefits of homeownership in Savannah, including how to leverage programs like these to improve your home’s efficiency and value.

Ready to Explore Your Options?

Whether you’re considering buying your first home or upgrading your current property, understanding the potential of these rebates can make a big difference. Contact me, David Wright, to discuss how these programs align with your homeownership goals. Together, we can create a plan that helps you save energy, save money, and enjoy all that Savannah living has to offer.

Take advantage of these exciting opportunities and make your dream home in Savannah more efficient, sustainable, and valuable. Let’s talk today!