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My customer wants to include some health & safety repairs in their project, such as asbestos abatement, knob & tube removal or roof repairs. Can this be done? How does that work?

Yes, eligible Health & Safety improvements qualify for financing. Refer to the Contractor Resource Manual, Section 6.3, Table 2: Eligible Health & Safety Measure and Accessories:

Smart Energy Loan: Up to 15%, not to exceed $2,000.00, in non-prequalified measures listed in Table 1 and eligible Heath and Safety Measures and Accessories in Table 2 may be included in a Smart Energy Loan without additional cost-effectiveness screening.  For those projects where more than 15% of the cost is for items other than those on the Prequalified List, a Savings to Investment Ratio (SIR) greater than 0.80 is required.

On-Bill Recovery: Up to 15%, not to exceed $2,000.00, in eligible Health & Safety Measures and Accessories in Table 2 may be including in an On Bill Recovery Loan subject to cost-effectiveness requirements.  Measures and accessories listed in Table 2 are capped at 15% of the total prequalified measure cost, not to exceed $2,000.00.

All Health and Safety Measures and Accessories costs must be itemized for the purposes of determining incentive eligibility and loan cost effectiveness.  These costs are eligible for incorporation into a Smart Energy Loan or On-Bill Recovery Loan, but are not eligible for the Assisted Subsidy.

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