Builders
Builder Incentives
SnoPUD Green Home Rewards offer participating builders:
- Rebates ranging from $700-$1,200 per home or multifamily unit
- Free technical support and marketing materials
- Program requirements align with federal tax credits
Financial incentives are available for builders of new single-family (SF) and multi-family (MF) homes serviced by Snohomish County PUD.
| Tier | Eligibility: HERS Rating+ | Incentive | 45L Tax Credit |
|---|---|---|---|
| Built Green |
Built Green Four or Five Star certification |
60¢ per kWh* | Not Eligible |
| EPA ENERGY STAR |
ENERGY STAR V3.2 certification |
60¢ per kWh* | $2,500 SF $500 or $2,500 MF(per unit) |
| DOE Zero Energy Ready |
DOE Zero Energy Ready certification |
75¢ per kWh* | $5,000 SF $1,000 or $5,000 MF(per unit) |
| EPA NextGen |
ENERGY STAR NextGen certification |
$1,000 per home (added to standard incentive) |
No bonus 45L incentive on top of ENERGY STAR or ZERH certification |
| Low Income |
ENERGY STAR V3.2 or DOE Zero Energy Ready certification |
30¢ per kWh* (added to standard incentive) |
No bonus 45L incentive on top of ENERGY STAR or ZERH certification, but Home Electrification and Appliance Rebates may be an option later in 2024 |
Income Qualified Bonus Qualifications:
- For multifamily properties with five or more units, a minimum of 51% of the units to be income qualified (or “low income”) for building or complex to qualify.
- A copy of an approved application for the HOME Funds (WA state) or 9% Tax Credits (Federal) Funds (or other documentation as pre-approved by the PUD) to be submitted with the final As-Built project documentation.
- Bonus to be applied at project closeout once all documentation has been received.
- The IQ bonus applies to the entire building, not just the IQ units.
*Annual kWh savings are determined by comparing the newly constructed home against a code-minimum custom SnoPUD Green Home Rewards reference home using REM/Rate software.