Qualified Home Improvements
The improvements listed below, subject to specified requirements where noted, are eligible for financing, for qualified borrowers, under the Home Energy Loan Program. This list is subject to change.
Measures that are not included on this list, such as air sealing, insulation, and related health and safety measures and more, may also qualify for financing, if they are recommended through a home energy assessment conducted by a certified professional. See the Michigan Saves list of authorized contractors to find a certified energy auditor near you, if you are interested in receiving a home energy assessment.
Qualified Home Improvements for Home Energy Loan Program
Building Shell Improvements
|Exterior Doors (upgrade existing units only—NFRC label)||Energy Star®|
|Reflective Roof (metal or asphalt)||Energy Star®|
|Skylights (upgrade existing units only)||Energy Star®|
|Storm Windows & Doors||Energy Star®|
|Windows (upgrade existing units only—NFRC label)||Energy Star®|
All HVAC installations must be sized appropriately for the home using computer-generated Manual J or other industry-approved energy modeling software. Michigan Saves cannot finance any efficiency measure that causes a homeowner to switch from natural gas to another fuel for space heating.
|Air Source Heat Pump|
|Split System||SEER ≥ 14.5, EER ≥ 12.0|
|Package System||SEER ≥ 14.0, EER ≥ 11.0|
|Natural Gas, Oil, Propane||AFUE ≥ 85%|
||AFUE/TE ≥ 75%|
|Central Air Conditioning|
|Split System||SEER ≥ 14.5, EER ≥ 12.0|
|Package System||SEER ⪚ 14.0, EER ⪚ 11.0|
|Natural Gas & Propane||AFUE ≥ 90%|
|Oil||AFUE ≥ 85%|
|Groundsource Heat Pump (closed loop)|
|Water-to-Air||EER ≥ 17.1, COP ≥ 3.6|
|Water-to-Water||EER ≥ 16.1, COP ≥ 3.1|
|Groundsource Heat Pump (open loop)|
|Water-to-Air||EER ≥ 21.1, COP ≥ 4.1|
|Water-to-Water||EER ≥ 20.1, COP ≥ 3.5|
|Groundsource Heat Pump (DGX-direct geoexchange)||EER ≥ 16.0, COP ≥ 3.6|
Water Heating Measures
|Electric Tank (upgrade existing units only)||EF ≥ .93|
|Gas Condensing Tank||
|Gas Storage Tank||EF ≥ .67|
|Gas Tankless||EF ≥ .82|
|Heat Pump Tank||EF ≥ 2.0|
|Solar Thermal||SF ≥ .50, SRCC certified|
Appliances can only be included if other qualified improvements are selected or a whole-home audit is performed. Homeowner must affirm that used appliances were recycled in accordance with state/local laws and not reused.
|Ceiling Fan||Energy Star®|
|Freezer (chest/upright)||Energy Star®|
|Room Air Conditioner||Energy Star®|
|Washing Machine||Energy Star®|
Electricity Generation Measures
Solar photovoltaic systems must be single-installation systems between 1kW and 20kW in size, and must be interconnected to an electric service provider. Contractors MUST provide a copy of the interconnection agreement or utility letter of authorization with the certificate of completion.
|Solar Photovoltaic Modules||California Energy Commission Approved Product|
|Solar Photovoltaic Inverters||California Energy Commission Approved Product or approved by local utility|
|Solar Photovoltaic Meters||California Energy Commission Approved Product|
Non-Energy, Building Performance Measures
Michigan Saves will finance the remediation of pre-existing environmental hazards or the repair of physical/structural defects that create health and safety issues (up to $3,000 or 15 percent of the total project cost, whichever is lower), so long as the remediation or repairs are coupled with an appropriate qualified home improvement and the cause(s) of the environmental hazard or physical defect is addressed. Any amount above the cap is the responsibility of the customer. Michigan Saves will not finance remediation work alone.
- Asbestos abatement or electrical service upgrade necessary when installing a new heating/cooling unit.
- Upgrade of knob and tube wiring in order to install insulation
- Radon and lead abatement work.
- The cost of removing an oil tank when done in connection with a heating system replacement.
- Repairs to the home due to water damage, molds or mildew, ice dams, or other symptoms of poor building performance, as long as damage related to building performance is addressed.