Hassle-Free Upgrades for a More Efficient Home
Trade in your old gas heater and AC for new high efficiency heat pumps with trusted contractor support, up to $17,300 in rebates, and 0% interest financing.
Schedule your free home assessment today.
Energy Savings Made Simple
Everything you need to upgrade to cleaner, safer, and more energy efficient heating and cooling. Available for a limited time only while funds last.
We’ll manage every aspect of your home upgrade, from assessment and installation to applying for permits and rebates. Installations are done by our trusted contractors and covered by a 10-year extended warranty at no additional cost.
While funds last. Get instant savings with rebates applied upfront. We’ll match you with all available incentives to maximize your savings.
With 0% interest loans, you can enjoy savings right away without paying for upgrades all at once. Payments are conveniently included on your monthly energy bill and offset by energy savings.
Replacing old gas appliances with more efficient electric ones reduces your home’s dependence on polluting gas, allowing you to heat and cool your home with cheaper, cleaner electricity. Get your custom savings forecast at your free home assessment.
Example A:
HVAC + Insulation Upgrade
Total project cost*: $19,850
Rebates applied: $10,900
0% loan amount: $7,800
Upfront copay: $1,150
Annual loan payment: $780
Annual savings: $975
Example B:
HVAC Only Upgrade
Total project cost*: $13,950
Rebates applied: $6,000
0% loan amount: $5,600
Upfront copay: $2,350
Annual loan amount: $560
Annual savings: $700
Incentives for an Affordable Upgrade
Up to $17,300 in rebates, automatically applied. We’ll help you apply for all eligible SVCE and third-party rebates to reduce your upfront costs.
| Upgrade | Upfront Rebates (Limited, while funds last) |
Adder Incentives (Limited, while funds last) |
Federal tax credits (expire 12/31/2025) |
|---|---|---|---|
| Heat Pump HVAC | $2,500 – $4,500 | Up to $2,000 combined | 30% up to $2,000 per appliance (up to $3,200 combined total) |
| Heat Pump Water Heater | $2,000 – $4,800 | ||
| Electrical & Efficiency Upgrades | Up to $6,000 |
* Projects must include at least a Heat Pump HVAC upgrade. Income and additional qualifications may apply. Your Energy Advisor will confirm your eligibility for all incentives during your home assessment.
See Sample Scope of Work and Costs
This is an example of a sample project and cost summary for replacing an old gas heater and air conditioner with a heat pump. Actual costs vary by home —sign up for your free home assessment to receive a custom proposal.
| Heat Pump HVAC System, 3 ton | $12,300 |
| Refrigerant Line Set | $900 |
| Duct Work Repair | $900 |
| Attic Insulation @ $2.50 for 2,000 sq.ft. | $5,000 |
| Permit Application & Processing | $750 |
| Total Project Costs Before Rebates and 0% Loan | $19,850 |
Access 0% interest financing
SVCE provides zero-interest (0%) loans to help cover up to 100% of the cost of upgrades. Energy savings from your new efficient equipment will automatically offset your loan payments.
Offset payments with energy savings
During your home assessment, your Energy Advisor will evaluate your home’s energy savings potential. Loan amounts will be capped so that loan payments do not exceed your expected annual energy bill savings from your new efficient appliances. This ensures that payments will be offset by savings and will not increase your bills on an annual basis.
Included on your monthly energy bill
Once you’ve completed your home upgrades, your payments will be conveniently included on your monthly energy bills.
Unbeatable rates and terms
- Maximum loan size: Capped to not exceed predicted annual energy bill savings
- APR: 0%
- Fees: None
- Credit requirements: None
- Repayment term: 10 years
- Restrictions: You must own the property and be the PG&E account holder. See FAQs for additional eligibility requirements.
Annual Heating and Cooling Energy Savings
* For illustrative purposes only – actual savings may differ and vary based on home and energy use behaviors.
All-Electric Home Upgrades
Click to learn more about how electric upgrades can help you live better and save.
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Heating, Ventilation, and Air Conditioning (HVAC)
Learn more about the benefits of heat pump HVACs. |
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The most efficient way to heat water.
Learn more about the benefits of heat pump water heaters. |
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Boost your home’s efficiency.
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Heating, Ventilation, and Air Conditioning (HVAC)
- Upfront rebates: $2,000-$4,500 automatically applied
- Year-round comfort with an all-in-one unit that efficiently heats in winter, cools in summer.
- Cleaner, healthier air. Heat pumps work like your refrigerator, moving heat from one area to another and can run on clean electricity rather than burning gas.
- Lower energy bills. Heat pumps can be set to run when energy prices are low, reducing monthly energy costs when paired with the right electricity rate plan.
- Ducted and ductless options available, fit to work with your home.
Learn more about the benefits of heat pump HVACs.
The most efficient way to heat water.
- Upfront rebates: $2,000-$4,800 automatically applied. (Note: Projects must also include a Heat Pump HVAC upgrade to qualify for rebates).
- 3-4x more efficient compared to traditional gas units.
- Runs on clean electricity. Rather than combusting gas to generate heat, a heat pump water heater (HPWH) transfers heat from the surrounding air to heat water.
- Lower energy bills. HPWH can be set to run when energy prices are low, reducing monthly energy costs when paired with the right electricity rate plan.
Learn more about the benefits of heat pump water heaters.
Boost your home’s efficiency.
- Upfront rebates up to $6,000 automatically applied. (Note: Projects must also include a Heat Pump HVAC upgrade to qualify for rebates).
- Upgrades can include: Weatherstripping, insulation, smart thermostats, circuit sharing, electrical repairs.
Easy Steps to Electric
1
Sign Up for Your Free In-Home Assessment
Once your eligibility is confirmed, you will be able to schedule your complimentary in-home assessment. An Energy Advisor will visit your home and create a customized proposal that includes bill savings potential and available rebates and incentives, including 0% financing options to cover up to 100% of project costs.
2
Approve and Install Your Upgrades
Once you’ve reviewed your proposal and signed our participation agreement, we’ll match you with one of our partner contractors to schedule the installation of your new equipment. Your contractor will apply for permits and schedule inspections to ensure everything is compliant and up to code.
3
Enjoy a Safe, Healthy, and Energy-Efficient Home
Pay your contractor any final costs after applicable rebates and financing. We’ll handle the rebate paperwork, ensuring a hassle-free experience. Don’t forget to optimize your new equipment and enjoy your home upgrades!
4
Convenient Payments, If Applicable
0% interest loan payments will be included on your monthly electric bill and offset by your energy savings. If you have questions about your bill savings or equipment’s performance, please contact us!
Start Your Application
Contact Us
Our team is here to help.
Do you have questions about our Zero Interest Financing Program? Feel free to reach out to us via email at advisor@svce.franklinenergy.com or give us a call at (408) 260-5255, Monday to Friday from 9 a.m. to 5 p.m.
Frequently Asked Questions
What are the eligibility requirements?
To be eligible for upgrades with 0% financing, you must meet all criteria below:
- Be a Silicon Valley Clean Energy residential customer (as indicated on your PG&E bill).
- Be the legal owner and occupant of the residence
- The residence must be a single-family home (up to a fourplex) with existing gas-fired equipment
- Have a zero-dollar ($0.00) past-due balance on your three most recent PG&E billing statements
- Have high utility bill savings potential
If you are not eligible for upgrades with 0% financing, you will be referred to our other Home Upgrades programs.
How are my energy bill savings predicted?
We analyze how the upgraded equipment will perform under current electricity rates and your energy-usage habits, comparing it to your utility bill data from previous years. You may need to change your electricity rate after the equipment is installed to achieve the predicted bill savings.
Actual utility bill savings may be impacted by multiple factors, including but not limited to: changes in customer behavior, weather, and utility rates. The estimate is based on current energy usage, rates and other information available at the time the estimate is made and is not a guarantee of energy savings or future conditions.
How will I know that I'll save on my utility bills?
When you swap out gas appliances for efficient electric ones, your gas costs will go down. Even as you use more electricity, when paired with the right electric rate plan, your overall bill will go down. Plus, we’ll provide you with complimentary access to HomeIntel, which will track your energy usage to ensure you’re experiencing the forecasted savings.
With your permission, we will monitor your electricity and gas usage for one year once your upgrades are complete. We will compare that data to your energy usage from the year before the upgrades were installed. This helps us determine if the upgrades are performing as expected or if other factors are at play, such as changes in weather, PG&E rates, and your energy usage habits.
What if I don't think my equipment is working as expected or I'm not seeing the predicted bill savings?
Please reach out to us. We can help trouble shoot and investigate whether your equipment is working as expected and/or guide you on best practices to maximize your bill savings. If repairs are necessary, we can help coordinate the warranty service.
Do I get to choose the equipment that is installed?
We offer a limited selection of standard products. For certain appliances, you may choose from a selection of colors or finishes. We install products from the following manufacturers (subject to change at any time):
- Heat Pump HVAC: Broan, Daikin, Dura Star, General Electric, Mitsubishi, Panasonic
- Heat Pump Water Heaters: AO Smith, Bradford White, Rheem
How are my project costs determined?
We work with our network of pre-vetted contractors to determine competitive pricing for labor and equipment, then apply all available rebates. We’ll also notify you of other programs that you could enroll in to bring down costs. Additionally, you may be able to claim up to $3,200 in federal tax credits annually for eligible home upgrades.
How does SVCE protect my interests?
We are committed to ensuring that your project, including the loan repayment, does not contribute to higher utility bills and that you enjoy energy savings as soon as possible. So, we put these protections in place:
- No home foreclosures or equipment repossession
- Cash positive outcomes
- 10-year extended warranty at no cost to you
- Site specific quality assurance, quality control, measurement and verification
- Protection against predatory sales practices
- Customer notifications including post-installation savings updates and more
Frequently Asked Questions
What are the eligibility requirements?
To be eligible for upgrades with 0% financing, you must meet all criteria below:
- Be a Silicon Valley Clean Energy residential customer (as indicated on your PG&E bill).
- Be the legal owner and occupant of the residence
- The residence must be a single-family home (up to a fourplex) with existing gas-fired equipment
- Have a zero-dollar ($0.00) past-due balance on your three most recent PG&E billing statements
- Have high utility bill savings potential
If you are not eligible for upgrades with 0% financing, you will be referred to our other Home Upgrades programs.
How are my energy bill savings predicted?
We analyze how the upgraded equipment will perform under current electricity rates and your energy-usage habits, comparing it to your utility bill data from previous years. You may need to change your electricity rate after the equipment is installed to achieve the predicted bill savings.
Actual utility bill savings may be impacted by multiple factors, including but not limited to: changes in customer behavior, weather, and utility rates. The estimate is based on current energy usage, rates and other information available at the time the estimate is made and is not a guarantee of energy savings or future conditions.
How will I know that I'll save on my utility bills?
When you swap out gas appliances for efficient electric ones, your gas costs will go down. Even as you use more electricity, when paired with the right electric rate plan, your overall bill will go down. Plus, we’ll provide you with complimentary access to HomeIntel, which will track your energy usage to ensure you’re experiencing the forecasted savings.
With your permission, we will monitor your electricity and gas usage for one year once your upgrades are complete. We will compare that data to your energy usage from the year before the upgrades were installed. This helps us determine if the upgrades are performing as expected or if other factors are at play, such as changes in weather, PG&E rates, and your energy usage habits.
What if I don't think my equipment is working as expected or I'm not seeing the predicted bill savings?
Please reach out to us. We can help trouble shoot and investigate whether your equipment is working as expected and/or guide you on best practices to maximize your bill savings. If repairs are necessary, we can help coordinate the warranty service.
Do I get to choose the equipment that is installed?
We offer a limited selection of standard products. For certain appliances, you may choose from a selection of colors or finishes. We install products from the following manufacturers (subject to change at any time):
- Heat Pump HVAC: Broan, Daikin, Dura Star, General Electric, Mitsubishi, Panasonic
- Heat Pump Water Heaters: AO Smith, Bradford White, Rheem
How are my project costs determined?
We work with our network of pre-vetted contractors to determine competitive pricing for labor and equipment, then apply all available rebates. We’ll also notify you of other programs that you could enroll in to bring down costs. Additionally, you may be able to claim up to $3,200 in federal tax credits annually for eligible home upgrades.
How does SVCE protect my interests?
We are committed to ensuring that your project, including the loan repayment, does not contribute to higher utility bills and that you enjoy energy savings as soon as possible. So, we put these protections in place:
- No home foreclosures or equipment repossession
- Cash positive outcomes
- 10-year extended warranty at no cost to you
- Site specific quality assurance, quality control, measurement and verification
- Protection against predatory sales practices
- Customer notifications including post-installation savings updates and more
Meet Our Trusted Partners
We’ve partnered with Franklin Energy to deliver full-service support in the transition from gas to efficient electric appliances. Their team of trusted experts is here to provide comprehensive assistance at no cost to you, ensuring you get exactly what you need, when you need it.
