Thursday, December 3, 2009
CWLP RESIDENTIAL A/C REBATES ARE BACK
Mayor Tim Davlin and City Water, Light & Power General Manager Todd Renfrow announced today that the utility is bringing back its High-Efficiency Air Conditioner Rebate program as another way to help residential customers reduce energy costs while reducing summer peak demand.
“We’re pleased to be bringing this rebate opportunity back to assist in reducing the cost of high efficiency air conditioning units,” said Mayor Davlin. “These are high value rebates because not only do they provide assistance with the up-front costs, but the customers also reap the benefits of lower summer bills on the electric side for the life of the unit, year after year.”
Renfrow said the utility benefits from reducing summer demand through such efficiency programs. “When summer demand is high, across the nation, surplus power is a profitable asset,” he said. “Through this rebate program, we project an annual energy savings of 1.4 megawatts that can be available for better market returns, which can equate to lower fuel adjustment charges on customer bills.”
Effective December 1, 2009, central air conditioning units installed by CWLP residential electric customers may be eligible for this new rebate on a first-come, first-served basis. The program, which can be paired with a current Federal Tax incentive program, will run over two years, has a total funding allocation of $200,000 and projects an average rebate of $270 per unit.
For more information visit www.cwlp.com.