Lower Interest Rate if You Buy a Energy Saving Home
The Alaska Housing Finance Corporation (AHFC) offers interest rate reductions to home buyers purchasing new and existing homes with 5 Star and 5 Star Plus energy ratings. All homes constructed on or after April 1, 2007 must meet Alaska Building Energy Efficiency Standard (BEES) 2007. Rate reductions are also available for energy improvements to older, existing home purchases. Any property that can be energy rated and is otherwise eligible for AHFC financing may qualify for this program.  For new and existing home purchases, applicants are eligible for an interest rate reduction for the first $200,000 of the purchase price, with a blended interest rate applying to the remainder of the price. For homes that have energy improvements, a rate reduction is available for applicants, based on the number of steps of improvement to the energy rating of the property.   Contact:  Alaska Housing Finance Corporation, Research Information Center, POB 101020, Anchorage, AK 99503; 800-478-4636 or 907-330-8164; Fax:  907-338-1747; http://www.ahfc.state.ak.us/loans/eeirr.cfm
Application: http://www.ahfc.state.ak.us/loans/approved_lenders.cfm

Energy $$$ Money Back for Home Builders
Builder$sense is Golden Valley Electric Association's electrical energy efficiency residential rebate program for home builders who install electrical energy efficiency measures during construction. Newly constructed residential buildings or those that had major remodeling or additions are eligible for the rebate, as long as they are receiving or have applied to receive service from GVEA at the site. Lighting rebates range from $5 to $75; vehicle engine preheating plug-ins go from $20 to $40; and eligible electric water heaters can get up to $75 in rebates.  Contact:  Information at GVEA, Golden Valley Electric Association, 758 Illinois Street, PO Box 71249, Fairbanks, AK 99707-1249; 907-452-1151 or 800-770-GVEA; http://www.gvea.com/memserv/energysense/buildersense.php

Low-Cost Energy Audit + Free Energy Saving Products
Home$ense is Golden Valley Electric Association's electrical energy efficiency program. It is offered to all residential members.  For a cost of $40, a trained energy efficiency specialist will travel to your home and explain ways you can reduce electrical usage without sacrificing comfort and will install energy efficient products at no additional cost.  During a Home$ense audit, participants receive:  
*    Education materials and best practices in energy efficiency and use
*    Up to 12 compact fluorescent lamps installed to replace incandescent bulbs. CFL installations are limited to fixtures currently in use.
*    A refrigerator thermometer and coil cleaning brush
*    An adjustable weather-proof vehicle plug-in timer, if applicable.
In addition, if the house has a 220-volt hard-wired electric water heater, participants may also receive:  an electric water heater insulating blanket, up to 10 lineal feet of pipe wrap, two faucet aerators, and one low-flow shower head.  Contact:  Information at GVEA, Golden Valley Electric Association, 758 Illinois Street, PO Box 71249, Fairbanks, AK 99707-1249; 907-452-1151 or 800-770-GVEA; http://www.gvea.com/memserv/energysense/homesense.php

$17,500 in Home Energy Rebates
Under the Home Energy Rebate Program, homeowners who want to make their own energy efficiency improvements on their home can receive a rebate for some or all of their expenditures. The program requires a home energy rater to evaluate homes before and after the improvements. Rebates are dependent upon the relative amount of efficiency gained during the updates. The Home Energy Rebate program provides rebates up to $10,000 to homeowners who improve the energy efficiency of their homes. In addition, the Rebate program may provide a $7,500 rebate for qualified new 5 Star Plus homes. Similarly, the expanded Weatherization Program is also available to Alaskans who meet certain income and eligibility guidelines.  Contact:  Alaska Housing Finance  Corporation, Research Information Center, POB 101020,Anchorage, AK 99503; 877-325-2508; Fax:  907-338-1747; http://www.ahfc.state.ak.us/energy/weatherization_rebates.cfm

$30,000 to Make Energy Home Improvements in Alaska
Alaska Housing Finance Corporation (AHFC) offers loans of up to $30,000 over 15 years to qualified borrowers through the Second Mortgage for Energy Conservation program. Borrowers apply to AHFC for financing to make energy improvements on owner-occupied properties. Applicants must select from the list of energy upgrades which are provided by an AKWarm certified energy rater (see:  http://www.ahfc.state.ak.us/reference/energyraters.cfm).  All improvements must be completed within 365 days of loan closing (improvements not listed may not be included in the loan).  For more details, contact:  Alaska Housing Finance Corporation, Research Information Center, POB 101020, Anchorage, AK 99503; 800-478-2432; Fax:  907-338-1747; http://www.ahfc.state.ak.us/loans/second_energy_conserv.cfm

$20,000 Loans to Make Your Property Energy Efficient
The Alaska Housing Finance Corporation offers a Small Building Materials Loan for applicants to complete or renovate their "small community" property.  Applicants may borrow up to $20,000 for projects that improve the livability of a home, improve energy efficiency or expand space. The loan can be applied toward building materials, freight or third party labor costs, and the project should be completed within 180 days of the loan closing. If the owner does not occupy the property, then only duplexes (or higher) are eligible for the loan program.  Contact:  Alaska Housing Finance Corporation, Research Information Center, POB 101020, Anchorage, AK 99503; 800-478-2432; Fax:  907-338-1747; http://www.ahfc.state.ak.us/loans/small_building_material.cfm