Frequently Asked Questions
4. Are there rebates or tax incentives for electrifying my home?
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Home electrification means replacing appliances and systems that run on fossil fuels—like gas furnaces, water heaters, stoves, and clothes dryers—with efficient electric versions. Examples include:
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Heat pumps for heating and cooling
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Heat pump water heaters
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Induction cooktops
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Electric clothes dryers
Paired with renewable energy and smart controls, these upgrades reduce emissions and can save money over time.
1. What does it mean to electrify my home?
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2. How can I transition my home and vehicle to run on clean electricity?
A step-by-step approach works best:
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Energy audit – Assess your current home energy use.
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Efficiency upgrades – Improve insulation, seal leaks, and upgrade windows.
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Add solar or renewable power – Offset the electricity your home and vehicle will use.
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Switch appliances – Replace gas-powered systems with efficient electric models.
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Buy or lease an all-electric vehicle (EV) or plug-in hybrid (PHEV)
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Install home EV charging – Charge your car conveniently overnight
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3. Will electrifying my home increase my electric bill?
Your electricity use will likely go up, but your overall energy costs may go down because you’ll no longer be paying for gas or propane. Using high-efficiency electric appliances and taking advantage of time-of-use rates, solar panels, and battery storage can further lower costs.
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Yes, but the current administration is eliminating the incentives/rebates that are available through the Inflation Reduction Act as of December 31, 2025. The incentives/rebates are for the following:
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Heat pumps (space and water heating)
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Induction ranges
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Weatherization & insulation upgrades
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Home EV chargers
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Solar panels and battery storage
These rebates and credits can cover a large portion of the upfront cost—sometimes up to 100% for lower-income households.
For More Information Click our Savings & Lending information.
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5. How does home electrification help the environment and community?
Electrifying homes and vehicles:
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Cuts greenhouse gas emissions by eliminating fossil fuel use.
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Improves indoor and outdoor air quality by removing gas combustion.
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Supports local clean energy jobs in installation and maintenance.
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Builds resilience when paired with solar and battery systems, keeping homes powered during outages.