Homeowners Share The Savings

By Kelly McCarthy

September 25, 2012 Updated Sep 25, 2012 at 5:18 PM EST

Binghamton, NY (WBNG Binghamton) Homeowners in the Southern Tier are learning new ways to save on energy efficient improvements to their property.

The Home Performance Energy Efficiency Program started in January.

Local contractors teamed up with homeowners who qualify for grants and low-interest loans.

About 400 residents have qualified for energy audits so far this year, which is the first step of the program.

"The Insulation Man" contracting company gave 73 audits and completed 23 homes so far.

The Sharpe family received a new energy efficient furnace, water heater, and insulation after joining the program.

"There's a back room we weren't able to use as a rec room because it was so cold, they lifted up the floor and sprayed insulation in the floor and sealed that up so now we'll be able to use that as a rec room and actually use it through the winter," said Donald Sharpe of Binghamton.

"It's a low-interest loan and one form of that loan you can put on your energy bill and if you sell your home it stays with the home," said Adam Flint, Resource Educator at Cornell Cooperative Extension.

"It's the best way to get the house in shape so that you can do your other projects, because now we know that we're saving as much energy as we can," said Sharpe.

The Sharpe's payments include a 15 year, low-interest loan on their energy bill.

The loan stays with the house in case they decide to sell.

The Sharpes bought the house next door and plan to use the Energy Efficiency program to fix up that property as well.

To contact the Southern Tier Regional Outreach Coordinator and Home Performance Energy Efficiency Program you can email Euphemia Martin at emartin@ppefny.org.

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