Power Supply Rebate – Energy efficiency projects can get rebates in many different ways. 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. In addition, you may be able to get credits for installing 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. These programs often offer rebates on qualifying products and services. Learn how you can save money and energy, and if you are eligible for a rebate.
Residential customers may be eligible for Energy Power Rebates to offset the cost of new or more efficient lighting, heating, and appliances. These rebates are available for single-family homes, duplexes and townhomes as well as mobile homes. To qualify for rebates, you must install an eligible energy-efficient product or service and submit an application from an approved contractor. 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. These rebates can also be applied for by businesses to purchase energy-efficient lighting or HVAC systems.
The Appalachian Power Company’s Energy Savings for Business Program provides cash rebates for companies that install energy-efficient equipment, including air compressors, HVAC systems, refrigeration, and kitchen equipment. 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. These incentives vary depending on the type of business. They can cost anywhere from a few thousand to several millions.
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. The incentives are designed to encourage energy efficiency and reduce operational and maintenance costs. These rebates are available to businesses that meet certain criteria and take part 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. ENERGY STAR products not only reduce your utility bills but also increase quality, durability, comfort, and safety. 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. 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. 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. It is important to understand that only one rebate can be given per appliance on your residential electric utility account. You should also know that the requirements for rebates can change. Check with your local government to determine if your appliance is eligible for a rebate.