Power Saving Rebate – Energy efficiency projects can get rebates in many different ways. These projects are usually pay-backable in under two years. Small businesses can also get rebates. These rebates can be used for residential or industrial projects. In addition, you may be able to get credits for installing ENERGY STAR(r)-certified equipment or custom conversion projects.
Residential
PWP offers many residential programs and services that can help reduce your energy bills, increase 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 rebate amount will vary depending on the area in which you live.
For refrigerators, freezers, and room air conditioners certified by Energy Star, rebates are available. Incentives can be given to recycle inefficient appliances such as dehumidifiers and room air conditioners.
Business
You can reduce the cost of running your business by applying for business power rebates. These rebates provide incentives for businesses to install energy efficient equipment and reduce their overall energy use. These rebates can be used to purchase new equipment or make improvements to existing equipment. These rebates can also be applied for by businesses to purchase energy-efficient lighting or 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. Business owners may be able to save up 70% on the installation of energy-efficient equipment in some cases.
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.
To qualify, companies must meet certain requirements. To be eligible, a company must have a full-time employee who is responsible for implementing energy-efficient measures. Although eligibility requirements may vary, many businesses are eligible. 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), a program that helps you save money and make your home more comfortable, is a great way for you to do just that. It’s also great for the environment. In addition to reducing your utility bills, ENERGY STAR products also improve quality, durability, and comfort. There are also special offers and rebates that can be claimed to help you save more money.
To receive rebates, you must complete a qualifying project. If you plan to install central air conditioning, for example, you may be eligible for a rebate on the installation cost. You can also apply for a loan to finance the project. 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. Energy Star products are often more expensive than standard models, but they will more than pay for themselves through lower utility bills. You must note, however, that not all products have ENERGY STAR status. You must also understand that you are limited to a single rebate per appliance in 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.