--- title: FirstEnergy Multifamily | Funding Resources description: Explore funding opportunities for energy efficiency upgrades, rebates and financing for HVAC, insulation, and renewable energy projects to enhance your property and reduce costs. --- [![FE\_Pennsylvania](https://multifamily.energysavepa.com/hs-fs/hubfs/FE_Pennsylvania.png?width=200&height=54&name=FE_Pennsylvania.png "FE_Pennsylvania")](https://multifamily.energysavepa.com/?hsLang=en) - [Apply Now](https://multifamily.energysavepa.com/apply) - [FAQs](https://multifamily.energysavepa.com/faq) - [Contact Us](mailto:FEPAMultifamily@franklinenergy.com) [![FE\_Pennsylvania](https://multifamily.energysavepa.com/hs-fs/hubfs/FE_Pennsylvania.png?width=200&height=54&name=FE_Pennsylvania.png "FE_Pennsylvania")](https://multifamily.energysavepa.com/?hsLang=en) [![FE\_Pennsylvania](https://multifamily.energysavepa.com/hs-fs/hubfs/FE_Pennsylvania.png?width=200&height=54&name=FE_Pennsylvania.png "FE_Pennsylvania")](https://multifamily.energysavepa.com/?hsLang=en) - [Apply Now](https://multifamily.energysavepa.com/apply) - [FAQs](https://multifamily.energysavepa.com/faq) - [Contact Us](mailto:FEPAMultifamily@franklinenergy.com) [![FE\_Pennsylvania](https://multifamily.energysavepa.com/hs-fs/hubfs/FE_Pennsylvania.png?width=200&height=54&name=FE_Pennsylvania.png "FE_Pennsylvania")](https://multifamily.energysavepa.com/?hsLang=en) - [Apply Now](https://multifamily.energysavepa.com/apply) - [FAQs](https://multifamily.energysavepa.com/faq) - [Contact Us](mailto:FEPAMultifamily@franklinenergy.com) # Funding Resources for Larger Energy Improvements ## How to Fund Energy Efficiency Upgrades It can be less expensive than you might think to pay for your property’s energy efficiency upgrades. Qualifying properties may receive no-cost energy assessments and installation of eligible energy-saving products. For larger energy-efficiency projects such as HVAC, insulation or electrical upgrades, additional state and federal funding opportunities may be available. Additional funding may help cover HVAC upgrades, building envelope improvements, electrical upgrades and larger capital projects. See below for additional funding opportunities. ## Federal Home Energy Rebates Program (Includes IRA Home Energy Rebates and HEAR) Multifamily property owners can use these rebates when making whole-home or building energy efficient upgrades, like for HVAC systems or insulation and air sealing. Maximum rebates may include the following: $8,000 Heat pump HVAC $1,750 Heat pump water heater $4,000 Electrical panel upgrades $2,500 Electrical wiring $1,600 Insulation/air sealing To qualify for the rebates, at least 50% of a property’s residents must meet the income requirements. Low-income households could have 100% of project costs covered and moderate-income households could have up to 50% covered.   ### Learn more at the [Home Energy Rebates Program website](https://www.energy.gov/cmei/scep/home-energy-rebates-program) or fill out the [contact form](https://www.energy.gov/contact-us). ## Other Financing Resources Need additional assistance? The programs below are a great place to start. ### Alternative Energy Portfolio Standards (AEPS) Property owners installing qualifying renewable energy systems may be able to generate and sell Alternative Energy Credits (AECs), creating an additional revenue stream.   ### Learn more at the [Pennsylvania Alternative Energy Credit Program website](https://pennaeps.com/) or fill out the [contact form](https://pennaeps.com/contact-us/). ### Pennsylvania Energy Development Authority (PEDA) Financing PEDA supports energy efficiency and clean energy investments through grants, loans and financing options. Projects may include building retrofits, renewable energy systems and high-performance building improvements.   ### Learn more at the [PEDA website](https://www.pa.gov/agencies/dep/programs-and-services/energy-programs-office/financial-options/peda). ### Commonwealth Financing Authority (CFA) Programs administered through the CFA may support solar, renewable energy, alternative energy and energy efficiency projects.   ### Learn more at the [CFA website](https://dced.pa.gov/programs-funding/commonwealth-financing-authority-cfa/). ## Discover How We Can Help Too FirstEnergy's Pennsylvania Utilities Multifamily Program can help you enhance your property and increase resident satisfaction with energy-saving products — all at no cost to your tenants.   ### Sign Up Now! Simply call [855-671-5996](tel:+18556715996) or email [FEPAMultiFamily@franklinenergy.com](mailto:FEPAMultiFamily@franklinenergy.com). - [Apply Now](https://multifamily.energysavepa.com/apply) - [FAQs](https://multifamily.energysavepa.com/faq) - [(855) 671-5996](tel:+18556715996) - [Contact Us](mailto:FEPAMultifamily@franklinenergy.com) **Copyright© 2026 FirstEnergy Corp. All Rights Reserved.** The costs of energy efficiency programs are recovered through customer rates in accordance with PA Act 129 of 2008. For a complete list of commercial, industrial, residential, and low-income energy efficiency programs, please visit [energysavePA.com](https://www.firstenergycorp.com/save_energy/save_energy_pennsylvania.html). By participating in these energy efficiency and peak demand reduction programs, customers agree to allow their utility to retain ownership of all Capacity Rights which refers to the demand reduction associated with any energy efficiency and peak demand reduction measure for which incentives were provided by the Company. Your utility will aggregate these energy efficiency demand reduction attributes into the PJM capacity market with proceeds being used to offset the program costs. ![FE\_Pennsylvania\_white](https://multifamily.energysavepa.com/hs-fs/hubfs/FE_Pennsylvania_white.png?width=200&height=54&name=FE_Pennsylvania_white.png)