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Alaska’s New Energy Rebate Program Helps Homebuyers Save Thousands

Hall Quality Homes is a leader in energy efficient construction. We don’t just build energy-efficient homes in Wasilla to combat the cold Alaska winters, we do it to provide you with long-term energy efficiency that saves you money. For even more savings, by working with us, you could qualify for the Alaska Housing Finance Corporation’s (AHFC) new home construction rebate that could save you thousands.

Building an energy efficient home is a smart investment, especially in locations with weather extremes, such as Alaska. Homes that are built with a focus on energy efficiency offer overall comfort year round, and just as importantly, they can significantly reduce heating bills and utility costs.

With the new energy rebate program, homebuyers could save even more money by qualifying for $10,000 through AHFC’s New Home Construction Rebate. This state-funded rebate would be paid to eligible applicants after completion of new home construction. Qualifying homes must meet a minimum 5-Star Plus or higherenergy efficiency standard.

The overall eligibility requirements are straight forward:

  • The home’s foundation must be completed and inspected on or after January 2, 2025.
  • The home must meet a minimum 5-Star Plus or higher energy efficiency standard.
  • The home must be owner-occupied.
  • The rebate is restricted to single-family residences, duplexes, triplexes and fourplexes where the homeowner occupies one unit.
  • Payment is contingent on new home construction being completed within 18 months of application.

Once you submit a completed application with all required supporting documents, the AHFC will review all application materials and if you’re deemed eligible, you will receive full approval once the home construction is completed. Then funds will be distributed to the homeowner. Rebates are limited to funds available, and applicants should consult a tax professional for any tax consequences.

Fortunately, a 5-Star energy rating is standard for all homes that we build and we typically go beyond that with our construction. This makes it easy for you to qualify for this exceptional rebate if you choose to build a home with us. We have been building for more than 50 years and have a reputation for building high quality homes that are comfortable and provide a healthy living environment. We’ve even won the Governor’s Award for Excellence in Energy Efficiency and design for new residential construction. To learn more about our energy-efficient homes in Wasilla, reach out and contact us today. You can apply for the rebate even before construction is finished, so the sooner you get started, the better chance you have of qualifying for this significant rebate! In the end, you could be $10,000 richer and have a quality-built home to enjoy for years to come.

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