Newfoundland Power Thermostat Rebate – There are different types of rebates available for energy efficiency projects. Most of these projects can pay for themselves in less than two years. Small businesses can also get rebates. Some of these projects are residential, while others are industrial. You may also be eligible for credits to install ENERGY STAR(r),-certified equipment, or custom conversion projects.
Residential
The PWP offers a number of residential programs and services to reduce energy bills, improve comfort and protect the environment. Many of these programs include rebates for qualifying products and services. Learn how you can save money and energy, and if you are eligible for a rebate.
Energy Power Rebates for residential customers can offset the cost of installing new or more energy-efficient lighting, appliances and heating systems, or other home energy upgrades. These rebates are available for single-family homes, duplexes and townhomes as well as mobile homes. You must have an eligible energy-efficient product installed and submit an application form from an approved contractor to be eligible for rebates. The amount of rebate you receive will depend on where you live.
The rebates for energy-efficient appliances are available for refrigerators, freezers and room air conditioners that are certified by the Energy Star program. You can also receive incentives for hauling away and recycling inefficient appliances like room air conditioners and dehumidifiers.
Business
You can reduce the cost of running your business by applying for business power rebates. Businesses can get rebates to help them install more energy-efficient equipment and lower their energy consumption. These rebates are available for new or improved equipment. Businesses can also apply for these rebates to purchase energy-efficient lighting and HVAC systems.
Appalachian Power Company’s Energy Savings for Business Program offers cash rebates to companies who install energy-efficient equipment such as air compressors, HVAC systems, and refrigeration. In some cases, business owners can save up to 70 percent of the cost of installing energy-efficient equipment.
Industrial
Rebates for industrial energy efficiency are a great way for companies to get help with their programs. These programs are government-funded and can provide significant savings for companies that have energy-intensive processes. Depending on the type of business, these incentives can range from a few thousand dollars up to several million dollars.
Companies must meet certain criteria to be eligible. To be eligible, a company must have a full-time employee who is responsible for implementing energy-efficient measures. Eligibility requirements can vary, but many businesses qualify. These incentives encourage energy efficiency and lower operational and maintenance expenses. To receive these rebates, businesses must meet certain criteria and participate in the Industrial Conservation Initiative.
ENERGY STAR(r).
The ENERGY STAR(r) program is a great way to save energy and money while making your home more comfortable. It is also good for the environment. In addition to reducing your utility bills, ENERGY STAR products also improve quality, durability, and comfort. You can also get rebates and special offers to help you save even more.
To receive rebates, you must complete a qualifying project. For example, if you are planning to install a new central air conditioning system, you can apply for a rebate for the installation costs. To finance the project, you can also apply to for a loan. You can receive up to 50% off the project’s total cost through rebate programs.
Another way to get a rebate is by upgrading your home’s energy efficiency. Although Energy Star products can be more costly than regular models, they are more affordable than standard ones and will pay off in lower utility bills. Not all products are eligible for ENERGY STAR. It is important to understand that only one rebate can be given per appliance on your residential electric utility account. Also, the criteria for a rebate can change, so make sure to check with your local government to see if your appliance qualifies for a rebate.